Gold Benchmark Exchange Traded Schemes, popularly known as Gold BeES, are an investment option in the form of exchange traded funds (ETFs) replicating the price movement of physical gold.
This ETF allows you to invest in Gold without physically owning it and like every other stock, it can be bought and sold on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
One of the biggest advantages of investing in Gold BeES is the high liquidity it provides compared to physical gold. Investors don't have to worry about the purity of the gold or storage costs, meaning higher returns in the long run.
To start investing in Gold BeES, you only need a Demat account and a trading account. You can buy individual units representing 1 gram of gold, making it accessible even for small retail investors.