This time gold ETF are going to hog the lime light as we see an ovedose of campaigning by the brokerage houses coupled with Stock exchanges and now NSE the premier exchange has also embarked on the same and their emailer reads as below:
National Stock Exchange of India (NSE) wishes you a very Happy and Prosperous Diwali. It is an occasion for family and friends to get closer, be united to celebrate, share happiness and a symbol of prosperity and good luck . NSe has also launched NSEgoldcom site for exclusive ETF information also.
Every household believe that gold purchased during this period is auspicious and remains forever. The luster of gold is too good to resist whether to wear it or invest in it. At NSE, we are taking a few steps to educate investors a smarter way to invest in Gold .
Introducing to you 'Gold Exchange Traded Fund', commonly know as Gold ETF. Investing in Gold ETFs offers you a 4-way benefit:
- No premium or making charges on Gold
- No worries of theft and so saves money on locker charges
- Easy to buy and sell at real-time prices, available on the exchange
- You pay no sales tax, securities transaction tax, VAT and wealth tax
Gold ETFs also make it easier for you to invest in gold. You can start with buying just 1 unit at a time, which is roughly equal to a gram of gold. Regular investment over time can help you accumulate a sizeable gold-portfolio. And with Dhanteras around the corner, this is the perfect time to invest in gold.
This Diwali, invest in GOLD ETF, the smarter way to invest in Gold.
To buy Gold ETFs, please contact your nearest NSE Broker today.
Some interesting facts about GOLD ETFs:
- Gold has given approx 20% annualized returns over the last 5 years (as on July 2011)
- 171% growth in assets under gold ETF over last 1 year (AUM of Rs 5090 Crores in Q1'11)
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