Physical gold vs gold ETFs vs Sovereign Gold Bond | Gold Investment Options

Equity Linked Savings Scheme (ELSS) Simply put, Equity Linked Savings Scheme (ELSS) is a type of diversified equity mutual fund eligible for tax-exemption under section 80C of the Income Tax Act, 1961 and offers the dual-benefit of tax-savings and capital appreciation over the long-term. Going by its name ELSS is an equity-linked saving scheme that invests in equity-oriented products and comes with the lowest lock-in period of 3-years compared to other tax-saving investment options eligible for tax exemption of up to Rs. 1.5 lakh under section 80C, IT Act, 1961. As the avenue, majorly invest in equity-based products, the returns are based on market performance. Despite this, ELSS has offered returns ranging 15-18 percent and considered one of the best tax-savings investment options when it comes to tax-savings and capital appreciation. Public Provident Fund (PPF) Public Provident Fund (PPF) is a tax-saving investment scheme backed by the Government of India eligible for ...

Investing in Physical Gold Vs Gold ETFs Vs Sovereign Gold Bond Physical Gold Physical gold is a tangible asset with a finite value available in different physical forms like biscuits, coins, and jewellery. For an individual, ‘sentimental value’ plays a vital role when it comes to physical gold. In fact, throughout history, gold has emerged as an unparalleled form of wealth creation asset. Advantages of Physical Gold in: ·          Counterparty Risk – When buying physical gold, there is no risk of involvement of any counterparty like banker, broker or any other intermediary. ·          Inherent Value – Many people invest in gold due to its inherent value, since it has an indestructible physical form, cannot counterfeit easily unlike paper money. Also, its scarcity and universal acceptation back up its inherent value. ·          Investment: Buying p...