Best gold saving schemes for good returns

By Gullak Team
Feb 13, 2024
4 min read
Best gold saving schemes for good returns

Gold, a symbol of wealth and security, holds a special place in the hearts and portfolios of many, particularly in India, a country with an immense appetite for the asset. Its significance extends beyond mere adornment; gold is deeply ingrained in the cultural and economic fabric of Indian society, often seen as a haven during uncertain times. In the face of geopolitical upheavals, gold has historically proven its mettle as a stabilising asset, offering a hedge against market volatility and currency fluctuations.

In the realm of gold investments, options abound. From traditional physical gold to more contemporary forms like digital gold and Gullak Gold+, investors have a plethora of choices to diversify their holdings. In this blog we'll cover different gold saving schemes so that investors can make informed choices while choosing a gold asset.

What are Gold Saving Schemes?

Gold saving schemes are financial products that enable individuals to invest in gold in a structured and disciplined manner. Banks and jewellers primarily offer gold saving schemes, allowing customers to deposit a fixed amount of money every month for a specified tenure. At the end of the tenure, the investments can be withdrawn in gold or cash(INR). This approach simplifies the process of gold acquisition & investment, making it accessible even for those with limited investment knowledge or resources.

Banks and jewellers play a pivotal role in gold saving schemes. Banks offer gold saving schemes linked to gold ETFs or gold funds, ensuring a digital and secure investment. On the other hand, Jewellers typically focus on physical gold, allowing customers to buy jewellery or gold coins at the end of the investment period. Gold saving schemes often include bonuses or discounts on making charges, enhancing customer value.

Different Types of Gold Saving Schemes

Investment TypeFeatures
Gullak's Gold+Gullak's Gold+ is an innovative gold saving scheme that provides investors with extra 5% gold every year. This means, 100gms invested becomes 105 gms in 1year, 148 gms in 8 years & so on.
Digital GoldDigital Gold allows investors to buy, sell, and hold gold in a digital format. This gold saving scheme eliminates the hassles of storage and security, assuring investors of purity and safety. Returns are equivalent to gold's annual returns.
Gold ETFsGold Exchange-Traded Funds (ETFs) offer a blend of traditional gold investment with the flexibility of stock investments. Returns are equivalent to gold's annual returns. They can't be withdrawn as physical gold.
Gold Mutual FundsThese funds, which can be considered a type of gold saving scheme, invest in gold ETFs and other gold-related assets. They cater to those who wish to invest in gold through a professionally managed fund without the hassle of dealing with physical gold directly. Here as well, returns are equivalent to gold's annual returns
Investment in Solid GoldThe most traditional form of a gold saving scheme involves investing in physical gold—bars, coins, or jewellery. If you're looking at gold as an investment option, these schemes should be avoided due to hefty making & wastage charges.
Sovereign Gold BondsThese bonds are a unique type of gold saving scheme issued by the government. They are denominated in grams of gold. SGBs provide extra 2.5% returns(in INR) on the principal amount. They usually come with a lock-in period of 8 years.

Invest in the Best Gold saving scheme

Each of these gold saving schemes serve different investor needs, from the simplicity and returns to the modern convenience of digital formats. Whether through a gold saving scheme, a gold savings plan, savings in gold, or a gold purchase scheme, investors have many ways to harness this timeless asset's value and security.

Returns with Gullak's Gold+ Vs Gold Saving Schemes

When comparing the returns of Gullak's Gold+ with traditional gold saving schemes, the key difference lies in the additional returns generated by Gold+. Here's a simplified comparison:

Investment TypeInitial InvestmentReturns after 5 Years *
Gullak's Gold+100,000202,533 [~16% CAGR]
Digital Gold100,0001,68,000 [~11% CAGR]
Gold ETFs100,0001,68,000 [~11% CAGR]
Sovereign Gold Bonds100,000170,895 [~11% CAGR + extra 2.5% on the principal]
Gold Mutual Funds100,0001,68,000 [~11% CAGR]
Physical Gold100,0001,68,000 [~11% CAGR](However, physical gold comes with hefty making & wastage charges, so even if the asset appreciates, it'll take a few years to breakeven)

*Note: The returns for Digital Gold, Gold ETFs, and Physical Gold are based on the Compound Annual Growth Rate (CAGR) of gold, which is approximately 11% per annum. The returns for Gullak's Gold+ are specific to the scheme, offering an additional 5% return over the market price appreciation of gold. The figures for SGB and Gold Mutual Funds are provided as specific estimates.

Get 16%pa with this gold saving scheme

Gullak's Gold Saving Scheme is Much More Than Gold

Gullak's Gold+ distinguishes itself by leveraging gold leasing. This approach allows investors to earn additional returns on their gold investments. Here's a breakdown of the benefits of Gullak's Gold+ in a tabular form:

High ReturnsUp to 16% returns through gold leasing, including extra 4-5% gold annually over gold's average return.
LiquidityOption to withdraw investments anytime without penalty fee
Rental IncomeThe extra 4-5% per annum is credited monthly, offering a steady rental income stream.
DiversificationAdds a unique element to investment portfolios, balancing risk with its negative correlation to economic uncertainties.
Verification by Augmont, India's 3rd largest gold refineryEnsures the authenticity and purity of gold, verifies & vets the jewellers onboarded on Gullak Gold+ for credit worthiness, annual turnover & experience in the market
100% Bank GuaranteeOffers a 100% bank guarantee, securing the investor's capital and instilling trust in the gold saving scheme.
Jeweller AssociationAll jewellers are verified by Gullak & Augmont. Among the plethora of factors taken into consideration annual turnover(more than 20,000 Cr+) & experience in the market(more than 20 years) are the most important ones.

100% safe, 100% flexible

Gullak's Gold+ provides a unique opportunity for investors to not only benefit from the annual appreciation in gold prices but also to earn additional returns through gold leasing. This innovative approach makes it an attractive option for those who want to establish gold as a mainstream investment asset.


Over the years, gold has consistently proven to be a resilient and profitable investment, offering substantial returns. Its versatility is evident in its various forms of investment, ranging from physical gold to digital platforms. Each form, be it gold saving schemes, gold savings plans, or gold purchase schemes, caters to different investor needs and preferences. Specifically, with its unique gold leasing model, Gullak Gold+'s innovative approach in the gold investment landscape stands out for magnifying returns.

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Frequently Asked Questions
What are Gold Saving Schemes?
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What is Digital Gold?
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What is the lowest amount required to Invest in Gold+?
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What is a Gold ETF?
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