Suggest GOLD Schemes on SIP mode only?

[Madhura]

I am running two MFs SIPs without having any Demat Account. Now I wish to invest in GOLD Schemes on SIP mode only (for Rs 1000/PM).
1- Is it possible to buy it without Demat Account?

Yes you can by investing directly in the fund house.

2- If Yes,kindly suggest me the appropriate Funds?

Go for Benchmark Gold Fund - Gold BeES