On the auspicious occasion of Akshya Tritya on Monday May 13,2013, BSE and NSE will be conducting an extended Live trading session for trading in Gold ETFs only.
Market Timing From To
Normal Market Timing 9:00am 3:30pm
Extended Trading Session for Gold ETF's only 4:30pm 7:00pm
We are pleased to inform you that exchange will not levy any transaction charges (only) on Gold ETF transactions executed during both the sessions on 13.05.2013.
Normal Market Timing
Extended Trading Session for Gold ETF's only 4:30pm 7:00pm
We are pleased to inform you that exchange will not levy any transaction charges (only) on Gold ETF transactions executed during both the sessions on 13.05.2013.
Please refer the following link for details http://www.nseindia.com/ content/circulars/CMTR23346. pdf
http://www.bseindia.com/ markets/MarketInfo/ DispNewNoticesCirculars.aspx? page=20121102-20
We wish you happy trading in Gold ETF on this occasion.
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Coming 13th May 2013, on the auspicious occasion of Akshaya Tritiya invest in Gold ETF and make a new beginning of greater prosperity, success and happiness.
Some of the important Gold ETFs are given below:
IDBIGOLD IDBI Mutual Fund
GOLDBEES Goldman Sachs Asset Management
GOLDSHARE UTI Mutual Fund
KOTAKGOLD Kotak Mutual Fund
RELGOLD Reliance Mutual Fund
QGOLDHALF Quantum Mutual Fund
SBIGETS SBI Mutual Fund
RELIGAREGO Religare Mutual Fund
HDFCMFGETF HDFC Mutual Fund
IPGETF ICICI Prudential Mutual Fund
AXIS GOLD ETF Axis Mutual Fund
BSLGOLDETF Birla Sunlife Mutual Fund
The salient feature of Gold ETF is categorized below for the benefit of the clients.
- No need to pay any premium, making or delivery charges
- Buying Gold ETF is purchasing gold in electronic form -- no worries of theft and you also save on locker charges.
- No issues of wastage or impurities like in the case of physical gold.
- Tax efficient way to hold good, No securities transaction tax or wealth tax
- Can be easily purchased or sold anytime at transparent real time price. Unlike gold coins and bars, which the banks don't buy back and most jewelers only offer to exchange but not buy back
Contact your nearest SHCIL branch for further queries.
Happy Investing and Happy Akshay Tritiya.
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