What is Gold BeES - Meaning and How to Buy GoldBeES
17 June 2025 · Sachin Gadekar
A beginner-friendly guide to understanding Gold BeES, their advantages, and a step-by-step process to invest in them via digital platforms.
What is Gold BeES?
In the evolving world of investments, Exchange Traded Funds (ETFs) have become a popular option for investors seeking both diversification and liquidity. Among these, Gold BeES stands out as a convenient and tax-efficient way to invest in gold without holding it in physical form. In this article, we will dive deep into what Gold BeES are, their benefits, how to check Gold BeES share price, and the simple steps to invest in them through online platforms like GetUltra.club.
Gold BeES stands for Gold Benchmark Exchange Traded Scheme. It is an ETF that aims to track the price of gold. Each unit of Gold BeES is approximately equivalent to 1 gram of gold. Instead of buying physical gold, investors buy units of Gold BeES, which reflect the prevailing market rate of gold. It is listed on stock exchanges like NSE and BSE, making it easy to buy and sell.
Managed by Nippon India Mutual Fund, Gold BeES is among the oldest and most trusted gold ETFs in India.
Key Features of Gold BeES
Asset Backed by Gold: Each unit is backed by actual gold, held by the fund in secure vaults.
Listed on NSE/BSE: You can trade Gold BeES like any stock through your Demat account.
Small Investment Size: You can start with just one unit, making it accessible for retail investors.
Price Transparency: You can check the real-time Gold BeES share price on stock exchanges.
Benefits of Investing in Gold BeES
1. Convenience & Security
You don’t need to worry about storing physical gold. Gold BeES units are held electronically in your Demat account.
2. Cost Efficiency
There are no making charges, which are typically levied on physical gold. Also, expense ratios are low compared to gold mutual funds.
3. Liquidity
You can buy or sell Gold BeES any time during market hours just like shares. This provides greater liquidity compared to physical gold.
4. Purity Assurance
Gold BeES invests only in 99.5% pure gold. So, you get assured purity without verifying it personally.
5. Tax Benefits
Long-term capital gains (LTCG) tax applies if you hold Gold BeES units for more than 3 years. The LTCG tax rate is 20% with indexation benefits.
Gold BeES vs Physical Gold vs Gold Mutual Funds
| Feature | Gold BeES | Physical Gold | Gold Mutual Funds |
|---|---|---|---|
| Storage | Demat account | Bank locker/home | Mutual fund account |
| Purity Guarantee | 99.5% pure | Varies | 99.5% pure |
| Liquidity | High (market hours) | Medium | Medium |
| Costs | Low | High (making/storage) | Moderate (expense ratio) |
| Tax Benefits | Yes | No | Yes |
How to Buy Gold BeES Online: Step-by-Step Guide
You can invest in Gold BeES easily through platforms like GetUltra.club. Here's how:
Step 1: Open a Demat and Trading Account
To start investing in Gold BeES, you need a Demat account linked with a trading platform.
Step 2: Login to Your Platform (e.g. GetUltra.club)
Use your credentials to log into the platform. Search for “Gold BeES” in the search bar.
Step 3: Check the Live Share Price
Before buying, review the current Gold BeES share price. Decide the number of units based on your budget.
Step 4: Place Buy Order
Enter the number of units and place the order. Once executed, the units will be reflected in your Demat account.
Step 5: Track & Exit When Needed
You can hold the investment or sell anytime during market hours depending on your goals.
Who Should Invest in Gold BeES?
First-time investors looking for gold exposure
Investors seeking portfolio diversification
Those who prefer not to store physical gold
People with a long-term investment horizon
Risks to Consider
Market Fluctuations: Since Gold BeES tracks gold prices, any volatility in gold rates will impact your investment.
Currency Risk: Since gold is priced in USD, currency fluctuations can also affect returns.
However, these risks are common across all gold investments and not unique to Gold BeES.
FAQs about Gold BeES
Q1. What is the minimum amount needed to invest in Gold BeES?
You can start with just the cost of one unit, which is equivalent to the price of 1 gram of gold.
Q2. Where can I track the Gold BeES share price?
You can track it on NSE, BSE, or investment platforms.
Q3. Is Gold BeES better than buying physical gold?
Yes, in terms of convenience, liquidity, cost, and tax efficiency.
Q4. Do I need a Demat account to buy Gold BeES?
Yes, you must have a Demat and trading account to invest in Gold BeES.
Q5. Can I sell Gold BeES anytime?
Yes, you can sell it on the stock exchange during market hours, just like shares.