For thousands of years, gold has been prized for its rarity, its beauty, and above all, for its unique characteristics as a store of value. It's an effective hedge against inflation. It adds stability to your portfolio. It has the ability to retain value & appreciate in value. In today's uncertain climate, many investors turn to gold because it is an important and secure asset that can be tapped at any time, under virtually any circumstances.
GOLD IN INDIA
- India is the largest consumer of Gold, appx 25 % of world's production is consumed in India.
- Gold purchased extensively during weddings and festivals.
- Gold considered as an important and safe form of storing wealth.
- Majority of Gold used in India is imported but most jewellary is fabricated within the country.
Gold has been an effective hedge against inflation, higher inflation leds to higher Gold prices.
also against Dollar.
WHY INVEST IN GOLD
- No need to hold or open Demat & Trading A/c.
- Investment through SIP.
- Convenience of direct dealing with AMC.
- Liquidity
- Low Cost
- Taxation : Long Term Capital Gain Tax after 1 year
Benefits | Physical Gold | Commodity | Gold ETF |
Good Control on Quality of Gold | No | Yes | Yes |
Low Cost of Holding | Yes | High Brokerage Cost | Yes |
Risk of Theft | Yes | No | No |
Available in Small Denominations | Yes | Yes | Yes |
Wealth Tax | Yes | No | No |
Long Term Investment | Yes | Speculation on Trading | Yes |
Long Term Capital Gain Tax | After 3 years | No | After 1 year |
Auto SIP Facility | Yes | No | No |
Application form with SIP Auto Debit form , has been enclosed.
For any query , please feel free to contact undersigned :
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908, New Delhi House
27 Barakhamba Road, New Delhi -110001
(M) 9555029555 (Ph) +91 11 43515801-02
Website : www.v-serve.in
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