The economic slowdown, which has been gathering pace since the start of 2018, has now come to bite mutual fund returns. Key equity mutual fund categories have delivered lower returns than the Public Provident Fund (PPF), a risk- and tax-free debt instrument, in the last five years, even as more and more people are now investing in mutual funds, enthused by the government’s promise of bold economic reforms.
ETF / Mutual Fund
At Gold Silver Reports, we cover the latest ETFs / Mutual Fund news with expert analysis, market insights, and performance trends. Stay updated on top-performing funds, investment strategies, and wealth-building opportunities to make smarter financial decisions.
Yellow Metal, We Tell You about some of the Options Available For Investing
Gold ETFs and Funds
Mutual funds offer exchange-traded funds (ETFs) that invest primarily in physical gold with each ETF unit typically representing 1gm of gold. The equivalent physical gold (Yellow Metal) is held with the custodian bank and valued periodically, as per the Securties and Exchange Board of India’s (Sebi) guidelines. The performance of a gold ETF is benchmarked against the domestic price. Ideally, the returns from the scheme should match that of the benchmark.
Selling Inherited Gold? Income Tax Rules You Should Know – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices have hit new highs in India. If you are looking to cash in on higher prices, you should know the income tax implications. Apart from physical forms like jewellery, coins and bars, gold can also be held in electronic forms like gold ETFs or exchange traded funds (ETFs), gold mutual funds and sovereign gold bonds. Income tax rules levied on sale of gold also depends on the form of gold holding and time period of holding.
Last Day To Subscribe To Sovereign Gold Bond Scheme, Here’s How To Avail Discount
Gold Silver Reports (GSR) – Plan to invest in gold through bonds? A government-run scheme that allows gold investments in non-physical form will close for subscription today for the month. The second series (Series II) of Sovereign Gold Bond (SGB) scheme 2019-20 will open every month till September, according to a statement by Reserve Bank of India (RBI).
Gold ETFs Can Now Also Invest in Derivatives – Gold Silver Reports
Gold Silver Reports (GSR) – The Securities and Exchange Board of India (Sebi), through a circular issued on 21 May, laid down the rules of investing for mutual funds with regard to exchange-traded commodity derivatives (ETCD). The rules apply to gold exchange-traded funds (Gold ETFs) as well.
SPDR Gold Holdings Fall for Second Session
Gold steadied on Tuesday, holding close to a near one-week low touched in the previous session, as a stronger dollar and renewed interest for riskier assets dampened demand.
Gold ETFs Register ₹570 Crore Out-flow in 2018
Gold Silver Reports (GSR) – The outflow meant asset under management (AUM) of gold funds plunged by 6% from 2017 to ₹4,571 crore in 2018, data with Association of Mutual Funds in India (Amfi) showed.