On the occasion of Dhanteras, GEPL is promoting Gold ETF (exchange traded fund) SIP, designed to give profits that closely correspond to the returns provided by domestic prices of gold. Gold ETF is a security listed on the stock exchange, through which investors can participate in the gold bullion market without the compulsion to take physical delivery of gold.
Online PR News – 03-November-2010 – – Mumbai, November 3, 2010: Gupta Equities Pvt. Ltd. (GEPL), a leading financial services company, is promoting Gold ETF (exchange traded fund), designed to give returns that closely correspond to returns provided by domestic prices of gold. Today the Indian market has merely 7 funds in this category (until March 2010). In the last 6 months 2 big fund houses namely HDFC & ICICI have introduced Gold ETF recently amongst the 10 fund houses existing in the market.
Rather than any other asset class, Indians traditionally, believe in investing gold. Across the globe, Central Bank’s are taking more exposure to Gold in their treasury due to the devaluation of the currency, which helped gold to delivered higher return.
In the past 3 years Gold had moved from Rs. 8000 to Rs. 20000 level by delivering 23% CAGR return to investor, hence, the Gold ETF market has seen an upward trend since its inception. When compared, the incremental inflow in last year average was nearly 83Crs, whereas in last 6 months the average inflow has been more than 2 folds which sums up to is around 200Crs (which includes 2 new fund offers). Gold ETF is a security listed on the stock exchange, through which investors can participate in the gold bullion market without the compulsion to take physical delivery of gold.
Gold ETFs are units representing physical gold, in dematerialized form. An investor can buy gold in units every month. Minimum subscription amount shall be Rs. 4,000 and thereafter in multiples of Rs.2,000 each where the minimum holding period is 12 Months. The product has a monthly investment option where investors can buy and sell through their demat account. The instrument gives security against the risk of impurity and theft of physical Gold.
On this occasion, Mr. Vivek Gupta said that, “We take immense pleasure in introducing ourselves as a broking house which offers diverse products not only in the equities but also in debt. Gold ETF as an SIP option is for those investors who are risk averse and have not invested in gold for more than 6 months. With GSIP (Gold Systematic investment Plan), and a minimum of rs4000/ month an investor can buy close to 2gm gold/month which is close to 48 gms in a year. We are looking at making Gold more accessible to our risk averse investors and believe that there is only one way and that is through Paper Gold.”
For more details call 1-800-209-4878 or visit www.guptaequities.com to request more information.
About Gupta Equities
Gupta Equities Pvt. Ltd. (GEPL) is a fast growing financial services company offering value added trading, online trading and investment services to its clients since 1997. The company has a strong nationwide network of over 100 offices servicing 20,000 clients across India. GEPL is a member of BSE, NSE, MCX, NCDEX, CDSL, WDM and insurance.
The company offers services which include broking and online trading services in equities, F&O, commodities, insurance, Debt & Mutual Fund. The most traded GOLD ETFs by GEPL are GOLD BeES, UTI Gold ETF, Reliance Gold ETF and HDFC Gold ETF. The company has IRDA certified insurance brokers offering Insurance services, while an AMFI team advices clients on mutual funds. Addressing the specific needs of HNI and corporate clientele, GEPL offers Portfolio Management Services (PMS) and Wealth Management Services (WMS) for HNI and corporate clientele.
Risk Factors: Mutual funds and Securities investments are subject to market risks and there can be no assurance or guarantee that the objective of the Scheme will be achieved.Investors in the Scheme are not being offered any guaranteed or assured returns.The Investor could lose money over short periods due to fluctuation in the Schemes’ NAV in response to factors such as economic and political developments, changes in interest rates and perceived trends in Bullion market movements, and over longer periods during market downturns.