Sunday, May 12, 2013

Spot-fixing controversy: Time for sponsors to pull out of IPL?

−Low cost : When you buy R* Shares Gold ETF you have to pay brokerage charges, which is usually much lower than paying for making charges when you buy physical gold. −Transparency: R* Shares Gold ETF, the rates are transparent as they are traded like a share on the National Stock Exchange / Bombay Stock Exchange and therefore it provides the ability to buy and sell them quickly at the ruling market price and therefore highly liquid. There is no consistency when you buy and sell physical gold across jewellers or banks −Safety & Security: No concerns about security, theft. Safeguard in the form of electronic mode in the case of unforeseen circumstances. −Collateral for trading on NSE: R* Shares Gold ETF is accepted as collateral for trading on National Stock Exchange of India Ltd. −Ability to buy in small units: R* SHARES GOLD ETF one unit is approximately equal to one gram of gold which can be directly bought through the trading terminals. −No securities transaction tax for trading R* SHARES GOLD ETF on the National Stock Exchange Of India Ltd. Wealth tax is also Nil. −Feasibility: R* SHARES GOLD ETF units are available on NSE and BSE which provides feasibility to the investor to buy and sell the units during trading hours of the exchange. It enables to limit orders as well as permits intraday trading

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