Alternative Investment
Alternative Investments: New norms

A  according to a press statement released by SEBI on 3 April 2012, the capital market...

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SIP: No takers?

Mutual fund investors are showing declining interest in systematic investment plans (SIPs)....

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E-Gold: 1gm gold coins from e-Gold units

To mark the completion of two years of launch of ‘e-Gold’, the National Spot Exchange (NSEL) has extended the facility of physical conversion of e-Gold units to 1gm gold coins. This is in addition to the existing delivery denomination options available in 8gm, 10gm, 100gm and 1kg lots.

e-Gold has enabled retail investors to put small savings in weekly, monthly or yearly instalments into precious metals like gold and silver without the hassles of handling physical metal. There is also the additional benefit of getting physical delivery on-demand. 

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