Tuesday 7 May 2013

ETF's still score better over buying physical gold....

Exchange traded funds offer all advantages of yellow metal at a lower cost. 1. These are affordable to retail investors since they can buy these in smaller quantities. 2. Purity is guaranteed, usually at 99.5%. In case of physical gold purity is suspected. 3. These are issued in demat form and hence almost no risk to threat. 4. These units can be easily bought and sold on the bourses. 5. The price of unit of gold ETF is available on the bourses on a real time basis. 6. Since held in demat form, cost of holding low compared to physical gold. 7. Long term capital gains of 10% are applicable for gold ETFs for investment held beyond the year, compared to 3 years in physical gold. 8. No wealth tax, VAT, securities transaction tax. inf 9. Gold reduces portfolio risk, acts as a hedge against inflation, turmoil.

Punji Nivesh Entrade P. Ltd.
Cont : +91 9702 2863 33
          + 91 9322 9322 61 

No comments:

Post a Comment