Why Reliance My Gold Plan is superior to jewellers' schemes
Feature | RMGP | Jewellers' schemes |
---|---|---|
Transaction ease and transparencyMake automated monthly installments online, track purchases regularly online, get statements, and receive a separate customer ID | ||
Default riskEach installment subscribed is backed by physical gold which is stored with the custodian and is hypothecated with the trustee | (no such formal clause) | |
Superior pricingSystematic accumulation in physical gold wherein every subscription is split into 20 equal installments. This helps discover better prices for your gold purchases and avoids poor market timing | (jewellers most use price prevailing at the end of the term) | |
Delivery in many formsChoice of obtaining the accumulated gold grams in the form of coins and/or bars across multiple outlets or as jewellery in empanelled outlets | (mostly in jewellery form) | |
Assured purity:24 karat Gold of 995 fineness or more credited to the customer's account in up to 4 decimals | (jewellery purity may be lesser than coins/bars) | |
Independent plan:Not locked to any particular jeweler. | ||
No geographical restrictions:Get Gold delivered to your door step at the end of the plan. |
Best Tax Saver Mutual Funds or ELSS Mutual Funds for 2015
1.ICICI Prudential Tax Plan
2.Reliance Tax Saver (ELSS) Fund
3.HDFC TaxSaver
4.DSP BlackRock Tax Saver Fund
5.Religare Tax Plan
6.Franklin India TaxShield
7.Canara Robeco Equity Tax Saver
8.IDFC Tax Advantage (ELSS) Fund
9.Axis Tax Saver Fund
10.BNP Paribas Long Term Equity Fund
You can invest Rs 1,50,000 and Save Tax under Section 80C by investing in Mutual Funds
Invest in Tax Saver Mutual Funds Online -
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
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