Investment in gold as an asset class acts as a hedge against geopolitical uncertainty, store of value or inflation hedge, and benefits in case of rupee depreciation.
Gold investors are advised to allocate primarily through the gold bonds and/or through Gold ETFs
With short term weakness gold can be accumulated as a means of portfolio diversification.
Over the last 3 years (from December 2013 to November 2016) gold ETFs have witnessed outflows in almost every month, and cumulatively an outflow of around Rs 5,300 crore
Be it jewellery, gold ETF or gold bonds, you should know the tax treatment before investing in 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.
Gold exchange-traded funds (ETFs) saw an outflow of Rs 69 crore in November, taking the total to Rs 588 crore in the first eight months of the current fiscal, mainly due to profit-booking.
Gold funds are a better option to invest in gold. They offer ease of transaction and liquidity to investor.
Sanjeev Bhatia, CFO, PC Jeweller is confident of achieving 15% topline growth in FY17.
Gold is a good asset class in uncertain times. It works the best when the currencies lose value.
The rally in precious metal reflected in gold exchange traded funds as well. Birla Sun Life, Goldman Sachs, ICICI Prudential, Kotak, IDBI gold ETFs etc gained 2-7 percent.
The demand for physical gold as well as gold exchange traded funds (ETF) has not been as robust as it was before despite alternative assets like equities and debt doing well, says Chirag Mehta of Quantum Asset Management.
It pays to know the liquidity and taxation aspect while investing in gold while exploring newer options as they are cost efficient.
The gold ETFs witnessed a net outflow of Rs 656 crore in the first ten months (April-January) of the ongoing fiscal year, as compared to an outflow of Rs 1,290 crore in the same period of 2014-15 fiscal.
Many investors are still attracted towards gold, and they keep looking for better options to invest in gold. With the launch of gold bonds, there is one more option available with the investor. Does that work for you?
This Diwali, think unconventional when you go shopping gold for yourself.
The sudden cash should not be a spent on shopping and fun. A large chunk of this yearly cash inflow should be invested in the right products.
There are 44 mutual funds in the country and their total Average Asset Under Management stands at Rs 11.73 lakh crore at the end of June.
Gold ticked up on Monday after a three-day losing streak, but was still hovering near an 11-week low as a strong U.S. jobs report boosted expectations for a U.S. interest rate hike in September.
Indians are into buying gold for centuries. However when it comes to investing in gold one may not be aware of options beyond jewellery and issues such as taxation, cost of investing associated with them.
mutual funds have been the main medium of investing and so the bigger question which will arise is â€“ should one invest through mutual funds or ETFs? It‘s difficult to answer unless you know the real benefit of investing in ETFs. Also unlike in US or other countries, the manufacturing of ETF has to still gather pace in India.
With gold acting as both an investment as well as an insurance product against falling equity prices countering any massive lows and recession periods, investment in gold is always given due thought by each investor.
Ramalingam K of Holistic Investment discusses the ways to invest in gold in the country.
Sanjay Matai discusses the need to plan financials decisions in a way that it does not make others rich.
Gold has hit headlines repeatedly. The investment in this instrument delivered a CAGR of 17.30 percent over the period of 10 years. But lately, the gold prices has been declining due to varied macro economic problems. Read this space to know what factors impact gold the most and what should an investors do in current situation.