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Monday, October 10, 2011

GOLD

 

Dear All,

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.
IMPORTANCE OF GOLD

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
                           No Wealth Tax

Benefits

Physical Gold

Commodity
 Exhange

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 :



--
Thanks & Regards
 
Deepti Sharma
 
 V-Serve Management Private Ltd 
 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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