Secure your child's future with digital gold
Gold has historically grown in value,
providing potential long-term gains
Here's why Digital Gold is a smart choice
Secure Storage
Digital gold is stored in insured vaults, eliminating theft or loss risk
High Liquidity
Easily buy and sell digital gold anytime, anywhere.
Affordable Entry
Start investing with Rs. 10 , accessible to all
Guaranteed Purity
Backed by 24K pure gold, ensuring top quality.
Why Choose EduFund
24/7 Accessibility:
Your investment is always at your fingertips with the EduFund app. Manage your digital gold portfolio anytime, day or night.
Instant Transactions:
Buy and sell gold in real-time with instant transactions. No delays, no hassles.
Top Sellers:
We partner with the most reputable gold provider, Augmont, giving you access to the best the market has to offer.
Frequently Asked Questions
What is Digital Gold and how does it work?
Digital Gold is a new-age investment instrument offering a trouble-free way of buying, selling, and holding gold online. The gold bought can be sold back online at the market-linked gold rate.
Where is the physical gold stored?
On your behalf, the physical gold is kept safe and insured at Sequel’s vault, used by a number of Indian institutions and several Asset Management Companies (AMCs) for their Gold ETFs
Where does EduFund secure the gold from?
With an aim to provide the best in the market, EduFund’s partner Augmont Goldtech Pvt will be directly overseeing all gold-related transactions on our app. Augmont is a pioneer in the GoldTech ecosystem, merging the power of technology and the investment strength of gold to provide customers easy access to the yellow metal.
What is the quantity of digital Gold that I can buy and sell back?
You may buy any amount of gold, with a purchase of Rs.10 being the minimum. However, you are only permitted to sell the gold that you purchased from EduFund. For security reasons, you may sell the gold only after 48 hours from the time of purchase.
Are there any charges that I will have to bear while selling back the gold?
You can sell back at market prices, which are updated in real-time. There are no hidden fees.
What is the purity of the gold sold on EduFund?
You may buy, sell, and redeem 24-karat gold of 999 (99.90%) purity offered by Augmont.
What are the documents required from me before investing in digital gold on EduFund?
For purchase orders less than Rs. 1.8 lakhs, EduFund requires a valid PAN card and a savings account linked to a working Indian mobile number to place your first gold order.
For purchase orders of more than Rs 1.8 lakhs, after verifying your PAN details And the redemption of gold proceeds to the NRE bank account may not be possible.
How are the gold prices decided?
The current gold rate is calculated based on the benchmark spot gold prices as per wholesale gold rates in India. The margins added to this cover standard payment gateway fees and storage, insurance, trustee, and custodian fees.
Is GST included in the quoted prices?
When purchasing gold, GST will be applied as per the prevailing rate. All our prices quoted are exclusive of GST and other applicable taxes. The applicable GST is added to the quoted price at the final stage of checkout.
How will I receive funds when I sell Gold on EduFund?
After a Gold sale order is placed successfully, Augmont will deposit funds into the designated bank account within T+1 working days. In order for the redemption to be performed effectively, please verify and confirm the bank account details before placing your sale order.
Will I get a receipt for my gold purchase order?
Yes, once your payment is confirmed, you will receive a receipt from EduFund on your registered email ID.
