What if on your next wedding anniversary, your well read wife quite sweetly tells you to gift her jewellery in the form of a mutual fund, & that too in a demat form?!?! Yes, we know, you’ll think she’s
finally gone off her rockers completely. Not that you would have required such an intellectual reason to accuse her of that infirmity, but we’d still advise you to delay calling your marriage lawyer that fast dear cowboy Clint, for your horses might quite not be that well lettered.
For it’s not just investing in gold with mutual funds that’s jiving up the domestic Indian markets currently, but also that of doing the same in a dematerialized form. And for starters, there are three in a row to do the honours for your wife in the gold Exchange Traded Fund (ETF) arena – Benchmark Asset Management Company (the first to launch a gold fund), UTI Asset Management Company, followed by Kotak Asset Management Company.
finally gone off her rockers completely. Not that you would have required such an intellectual reason to accuse her of that infirmity, but we’d still advise you to delay calling your marriage lawyer that fast dear cowboy Clint, for your horses might quite not be that well lettered.For it’s not just investing in gold with mutual funds that’s jiving up the domestic Indian markets currently, but also that of doing the same in a dematerialized form. And for starters, there are three in a row to do the honours for your wife in the gold Exchange Traded Fund (ETF) arena – Benchmark Asset Management Company (the first to launch a gold fund), UTI Asset Management Company, followed by Kotak Asset Management Company.
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Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
