Thursday, May 8, 2014

Gold investors choice

Download Tax Saving Mutual Fund Application Forms

Invest In Tax Saving Mutual Funds Online

Buy Gold Mutual Funds

Leave a missed Call on

94 8300 8300

 

 



Gold has always given reasonably good returns to investors in India and it is no longer considered an exotic investment. This is borne out by the fact that our cumulative investment in gold is much higher than the world average of barely 1% of investible assets. As Indians, we love gold. We always have. We buy gold when prices go down because they may go up again and we buy more when prices go up because they may go up further. The highest sales of gold and silver across India take place on Dhanteras and Akshaya Tritiya.


The year gone by saw a lull in gold prices and some serious short-selling by gold bears, especially after the US Fed started shutting the stimulus tap progressively. But unlike in the West, it is not just about calculated returns because in India we buy gold for a variety of reasons, including ornamentation, investment, social compulsion as well as religious reasons. This has ensured that the limitations imposed by the government have led to the spot prices being higher than futures prices because buyers are ready to pay a premium to secure physical delivery.


But while there are buyers for physical gold in India, dollar gold prices seem unlikely to show a spurt anytime soon due to the US Fed's changed strategy. Central banks may be big losers due to falling gold prices because they ramped up holdings in the last few years. But as a diversification strategy, it is faultless. The money which would have gone into gold two years ago is now flowing towards riskier assets and equities are back in favour — witness the dramatic rise in equity indices of several countries across the development spectrum.


There are enough reasons and abundant choices available to buy gold. Excellent price indications also come from our commodity exchanges which are open till midnight. Hallmarked physical gold can be bought from the futures exchanges as well as via jewellers. Similarly, investors too are spoilt for choice and can invest via ETFs and mutual funds. With efficient price indicators and a wide variety of gold products available, investing in gold this Akshaya Tritiya is an easy decision.

Trying to time the markets is never a good idea. They frequently go into excess territory on either side, which is the nature of all markets. The best way is to focus on asset allocation and aim to maximize portfolio returns and minimize portfolio risk and volatility. This is best achieved by investing in different assets via a systematic investment plan, which is designed to tackle price volatility and invests in different assets with about 10-15% of investible surplus going into gold.

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

Leave a missed Call on 94 8300 8300

Leave your comment with mail ID and we will answer them

OR

You can write back to us at

PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest Mutual Funds Online

Invest Any Mutual Fund Online

Download Mutual Fund Application Forms from all AMCs

Download Mutual Any Fund Application Forms

---------------------------------------------

Best Performing Mutual Funds

    1. Largecap Funds Invest Online
      1. DSP BlackRock Top 100 Fund
      2. ICICI Prudential Focused Blue Chip Fund
      3. Franklin India Bluechip
      4. ICICI Prudential Top 100 Fund

B. Large and Midcap Funds Invest Online

      1. ICICI Prudential Dynamic Plan
      2. HDFC Top 200 Fund
      3. UTI Dividend Yield Fund
      4. Birla Sun Life Front Line Equity Fund
      5. Franklin India Prima

C. Mid and SmallCap Funds Invest Online

      1. Reliance Equity Opportunities Fund
      2. DSP BlackRock Small & Midcap Fund
      3. Sundaram Select Midcap
      4. IDFC Premier Equity Fund
      5. Birla Sun Life Dividend Yield Plus
      6. SBI Emerging Businesses Fund
      7. HDFC Mid-Cap Opportunities Fund
      8. ICICI Prudential Discovery Fund

D. Small and MicroCap Funds Invest Online

      1. DSP BlackRock MicroCap Fund

2.Franklin India Smaller Companies

E. Sector Funds Invest Online

      1. Reliance Banking Fund
      2. Reliance Banking Fund
      3. ICICI Prudential Banking and Financial Services Fund

F. Tax Saver Mutual Funds Invest Online

1. ICICI Prudential Tax Plan

2. HDFC Taxsaver

      1. DSP BlackRock Tax Saver Fund
      2. Reliance Tax Saver (ELSS) Fund

G. Gold Mutual Funds Invest Online

      1. Relaince Gold Savings Fund
      2. ICICI Prudential Regular Gold Savings Fund
      3. HDFC Gold Fund
      4. Birla Sun Life Gold

H. International funds Invest Online

1. Birla Sun Life International Equity Plan A

2. DSP BlackRock US Flexible Equity

3. FT India Feeder Franklin US Opportunities

4. ICICI Prudential US Bluechip Equity

5. Motilal Oswal MOSt Shares NASDAQ-100 ETF

0 comments: