For investors in India, gold faces its own set of local headwinds. Increased import costs, government crackdown on unaccounted money, restrained inflation, significant gains in Indian equities this year and continued elevated ‘real’ returns on local bonds are wooing away the traditional gold-buyers.
If you intend to buy gold for investment purposes, here’s how gold ETFs or gold mutual funds score over physical gold
In an interview to CNBC-TV18‘s Manisha Gupta, Anil Ghelani, Senior VP at DSP BlackRock Investment Managers and Deepak Gupta, VP & Fund Manager-Equities at Kotak Mutual Fund compared gold exchange-traded funds (ETF), jewellery companies and other investment options and also spoke on whether investors should move their money to gold funds.
It pays to know the liquidity and taxation aspect while investing in gold while exploring newer options as they are cost efficient.
During the last fiscal debate over raising the US debt ceiling in 2011 - when a deal was only reached at the last minute - gold did not react sharply until after Standard & Poor's downgraded the US credit rating, an analyst at Nomura Securities said.
Nitin Vyakaranam of arthayantra.com explains on how falling gold prices have imapcted the gold loan borrowers and companies. He discusses on how companies have been paying the margin in cash due to the fall in its value.
Himanshu Pandya of ICICI Prudential AMC told CNBC-TV18 that the investor sentiment among retail, high networth individuals (HNIs) and institutional investors had been shifting to long-term performance funds.
Today choice is a problem - whether it is at the time of earning, spending, investing, or insuring. Likewise even while choosing a MF scheme; a plethora of choices often lures us to take inappropriate decisions. Financial expert Mehrab Irani tries to explain the cost price factor associated with a scheme to enable investor make prudent choice.
AMFI has released latest folio numbers of March 2012 on investor category wise assets under management. The nos indicate that the retail investors have increased their presence in debt funds amid volatile equity markets.
According to the latest numbers released by AMFi, the mutual fund industry’s month-end assets under management plunged by over 13% , the lowest recorded since June 2009.
Equity diversified NAVs ended higher with advance:decline ratio of 244:2 as the BSE benchmark rebounded quite sharply on Wednesday, adding more than 300 points led by broadbased buying and positive global cues.