Gold has historically provided strong returns over the long term and acts as a hedge against inflation. It has outperformed inflation in India 8 out of the last 10 years. Indian households have a large appetite for gold, holding the largest stock of gold in the world. Investing in gold through vehicles like gold ETFs and gold funds provides investors with a convenient and cost-effective way to gain exposure to gold without having to directly purchase and store physical gold. The IDBI Gold Fund seeks to generate returns by investing in the IDBI Gold ETF, allowing investors to invest in gold at a low cost with fractional ownership and no requirement for a demat account.
Why Invest In Gold? Gold and Paper Money “ Gold is money because people make it money . Paper money is money because governments make it money. But what happens if people lose their faith in governments, and the U.S. government in particular?” Source: Peter Schiff Blog, 24 Sep 2010 Peter Schiff is the President of Euro Pacific Capital Inc and the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse . Why Gold: Peter Schiff
Why Invest In Gold? Gold and Paper Money Given the state of the US and global economy, I believe it is more important than ever for investors to own gold and silver as a portion of their portfolios. Inflation, depression, and sovereign default are all possible scenarios I see on the horizon. I believe that precious metals will perform better the darker the economic storm-clouds become. Why Gold: HwangDBS Source: Peter Schiff Blog, 24 Sep 2010 Peter Schiff is the President of Euro Pacific Capital Inc and the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse .
Why Invest In Gold? Gold investing is deemed the safest and most reliable bet. David Ng, Chief Investment Officer of HwangDBS Investment Management Bhd Source: Personal Money, April, 2009 issue
Why Invest In Gold? Demand for gold will always be there as it’s tradable, portable and convertible. Choong Wai Hong, Head of Wealth Management, Standard Chartered Bank Malaysia Bhd. Source: Personal Money, April, 2009 issue
Why Invest In Gold? Investors can’t go bankrupt with physical gold. David Crichton-Watt, Managing Director of The Phoenix Gold Fund, AIMS Asset Management Sdn Bhd Source: Personal Money, April, 2009 issue GoldSilverDvd.com
6 Ways To Invest Gold
Gold Bullion and Coins
Gold-Mining Companies
Gold and Gold–Related Funds
Gold Passbook Accounts
Gold ETFs (Exchange Trade Fund)
Structured Products
Source: Personal Money, April, 2009 issue Experts: Jim Rogers
Uses of Gold Above Ground Gold Production
National Reserves
Governments hold Gold reserves as a backing to their currency’s value.
In 2010, Russia’s central bank bought up an astounding 2/3 of the country’s entire national production.
India purchased closed to 750 tons, breaking the record of the previous year by almost 40%.
China – the biggest gold market of them all – has stated an intention to raise their national reserves by 849%, or 10,000 tons, worth half a trillion US$ by the end of the decade.
Currently the US occupies the No. 1 spot with 8,133 tons of gold.
Uses Of Gold
Only 50-80 grams of gold
is found in 1 tonne (1 million
grams) of mined ore.
Facts About Gold Fact 1 Finding and mining gold is extremely difficult, complex and expensive.
Miners cannot increase supply even when prices are high.
Facts About Gold Fact 2 New mines often take 10 years and billions of dollars of infrastructure to begin contributing to supply.
Annual gold production
has not increased over
the last 10 years & actually
decline 8 out of 10 years
(A
Why Invest In Gold? Gold and Paper Money “ Gold is money because people make it money . Paper money is money because governments make it money. But what happens if people lose their faith in governments, and the U.S. government in particular?” Source: Peter Schiff Blog, 24 Sep 2010 Peter Schiff is the President of Euro Pacific Capital Inc and the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse . Why Gold: Peter Schiff
Why Invest In Gold? Gold and Paper Money Given the state of the US and global economy, I believe it is more important than ever for investors to own gold and silver as a portion of their portfolios. Inflation, depression, and sovereign default are all possible scenarios I see on the horizon. I believe that precious metals will perform better the darker the economic storm-clouds become. Why Gold: HwangDBS Source: Peter Schiff Blog, 24 Sep 2010 Peter Schiff is the President of Euro Pacific Capital Inc and the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse .
Why Invest In Gold? Gold investing is deemed the safest and most reliable bet. David Ng, Chief Investment Officer of HwangDBS Investment Management Bhd Source: Personal Money, April, 2009 issue
Why Invest In Gold? Demand for gold will always be there as it’s tradable, portable and convertible. Choong Wai Hong, Head of Wealth Management, Standard Chartered Bank Malaysia Bhd. Source: Personal Money, April, 2009 issue
Why Invest In Gold? Investors can’t go bankrupt with physical gold. David Crichton-Watt, Managing Director of The Phoenix Gold Fund, AIMS Asset Management Sdn Bhd Source: Personal Money, April, 2009 issue GoldSilverDvd.com
6 Ways To Invest Gold
Gold Bullion and Coins
Gold-Mining Companies
Gold and Gold–Related Funds
Gold Passbook Accounts
Gold ETFs (Exchange Trade Fund)
Structured Products
Source: Personal Money, April, 2009 issue Experts: Jim Rogers
Uses of Gold Above Ground Gold Production
National Reserves
Governments hold Gold reserves as a backing to their currency’s value.
In 2010, Russia’s central bank bought up an astounding 2/3 of the country’s entire national production.
India purchased closed to 750 tons, breaking the record of the previous year by almost 40%.
China – the biggest gold market of them all – has stated an intention to raise their national reserves by 849%, or 10,000 tons, worth half a trillion US$ by the end of the decade.
Currently the US occupies the No. 1 spot with 8,133 tons of gold.
Uses Of Gold
Only 50-80 grams of gold
is found in 1 tonne (1 million
grams) of mined ore.
Facts About Gold Fact 1 Finding and mining gold is extremely difficult, complex and expensive.
Miners cannot increase supply even when prices are high.
Facts About Gold Fact 2 New mines often take 10 years and billions of dollars of infrastructure to begin contributing to supply.
Annual gold production
has not increased over
the last 10 years & actually
decline 8 out of 10 years
(A
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit
A Fund Manager's View of Precious Metals
20 May 2010
by Ned Naylor-Leyland - Cheviot Asset Management
Objective Capital Precious Metals, Diamonds and Gemstones Investment Summit
A Fund Manager's View of Precious Metals
20 May 2010
by Ned Naylor-Leyland - Cheviot Asset Management
Gold Financing has verifiably turned out to be a fence against swelling. Oil and sustenance
will keep on inflating in cost or crash inside and out, gold is secure and strong.
10 Reasons to Invest in Gold Bars and Gold CoinsJoshJackson54
Making investment in gold and silver thrills many. It is obvious that buyers always attain a different level of satisfaction when they do this. Make sure that you are buying gold and silver from a trustworthy dealer.
Gold has been an object of fascination for centuries, revered by ancient civilizations and coveted by modern investors. Its allure is undeniable - from its beautiful luster to its historical significance, gold has captured the imagination of people across cultures and time periods. One of the main reasons for this fascination with gold is its rarity.
Getting the highest price after selling your investment like gold and get instant cash with cashfor gold and silverkings in Delhi NCR. We will tell you why you should contact a gold buyer at doorstep so that they can purchase your gold at the highest price. Maybe also tell you the most accurate and correct procedures that will make sure that your profit is the highest. We will tell you the name of the best gold buyer that you can call on +91 9999821702 at your doorstep whenever you want.
Cash For Gold in Jaipur has some thoughts on gold as an asset. Keep in mind that these are general observations and considerations, and individual circumstances may vary
Generative AI Deep Dive: Advancing from Proof of Concept to ProductionAggregage
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Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
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Enhancing Performance with Globus and the Science DMZGlobus
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We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
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In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
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The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
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In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
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Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
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https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
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https://arxiv.org/abs/2306.08302
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https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
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Building better applications for business users with SAP Fiori.
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Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Alt. GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using ...
Ppt idbi gold fund low res
1.
2. Why Gold?
Long Term Returns Gold – A Safe Haven
Gold in USD/oz
Hedge Against Inflation
*DJIA; **MSCI World Index
Gold has beaten the
headline inflation 8 out
of 10 times
2
3
04
5
6
7
8
9
0
1
’0
’0
’0
’0
’0
’0
’0
’1
’1
’
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
Source: Bloomberg; CPI – India CPI Data; Gold in INR
Past Performance of gold as mentioned above may or may not be sustained in the future.
Protects you against gold price movements
2
3. Consumption of Gold
Gold is regarded as a symbol of wealth in Indian households
Gold has ritual, religious and sentimental values attached. Indians buy Gold on festive
Occasions: Akshay Tritiya, Dhanteras, Dussera or any other auspicious occasion.
Weddings are incomplete without Gold.
Accumulation starts with the new born child
Gold symbolizes security, Gold for centuries has been regarded as a safe haven in India
In India, gold has been accumulated and passed from generation to generation
• At more than 18,000 tonnes, Indian households hold the largest stock of gold in the world
• Gold purchases in India accounted for 32% of the global total in 2010
• Large stable demand; two-thirds of India's gold demand comes from Semi Urban and Rural India which constitutes
70% of the Indian population
Source: World Gold Council
We Love Gold, almost every Indian home has a little of Gold
3
4. How we have held Gold?
Gold Coins & Bars
Gold Jewellery
Protects you against gold price movements
4
5. Modern form of Holding Gold
Gold Futures & Options
Gold ETFs
IDBI Gold Fund
Protects you against gold price movements
5
6. Gold: Gaining Ground as
Prudent Investment
• Preserver of Value & Buying Power
• Hedge Against Inflation & Economic Down-turn
• Adds stability to the Investment portfolio
• Asset Allocation Avenue - Diversification
Protects you against gold price movements
6
7. Who Are the Largest Official Holders?
Central banks of various countries
Central Banks Holdings Tonnes % of Reserves
United States 8133.5 75.3%
Germany 3396.3 72.3%
IMF 2814.0 -
Italy 2451.8 71.9%
France 2435.4 72.0%
China 1054.1 1.7%
Switzerland 1040.1 16.9%
Russia 895.8 9.1%
Japan 765.2 3.2%
Netherlands 612.5 60.2%
India 557.7 9.9%
ECB 502.1 33.3%
Taiwan 422.4 5.7%
Portugal 382.5 90.6%
Adds Stability: Relied upon by Central banks
As of June 2012; *As of Sept 2011
Source: World Gold Council, gold.org, International Monetary Fund
Protects you against gold price movements
7
8. Prudent Asset Allocation
The performance of Gold as an asset class has been impressive, even over the long haul, hinting at the fact that it would make sense to
have a part of your investments in Gold
Source: World Gold Council; 30th Dec., 2011
In times of: This Asset generally
outperforms:
Inflation Gold
Deflation Bonds
Prosperity Stocks
Recession Gold / Cash
• Gold is a hedge against uncertainties and Inflation
• Gold provides stability to an investment portfolio
• Recommended Allocation - atleast 15% of your portfolio to gold provides ideal diversification and
protection in case of downturns
Protects you against gold price movements
8
9. Asset Allocation - Benefits
Nifty Gold Bond Cash
Asset Allocation 1 35% 15% 35% 15%
Asset Allocation 2 40% 10% 35% 15%
Asset Allocation 3 45% 5% 35% 15%
Source: Bloomberg; Ace MF; weekly data as of 22/6/2012
Reference: Equity - Nifty, Bond : Crisil Bond Index, Cash : Crisil Liquid Index and Gold: MCX price
Past Performance of gold as mentioned above may or may not be sustained in the future.
Protects you against gold price movements
9
10. Introducing
IDBI Gold Fund
Fund seeks to provide returns that closely Ease of Investment
correspond to the returns provided by IDBI • Invest in lump sum for as low as Rs. 5000/-
Gold Exchange Traded Fund, which in turn • Invest regularly through our SIP / STP option.
invest in physical gold of 995 purity (24 carat) Frequency – Daily & Weekly (under STP only),
Monthly & Quarterly (SIP / STP)
Ease of Delivery Ease of Redemption
• Direct credit of Gold Fund units to • Direct credit of redemption
your MF account statement proceeds to your Bank account
Ease of Transaction Ease of Holding
• Any one can invest directly • No Storage Charges
in IDBI Gold Fund • No worries of Theft
• No Demat account required • No Wealth Tax
Simplest Way To Own GOLD
10
11. Investment & Redemption Flow
Creation Process
• C1 – Investor Invests in IDBI Gold Fund & gets corresponding units of IDBI Gold
Fund
R3 C1 • C2 – IDBI Gold Fund in turn invests in the IDBI Gold ETF and holds units of IDBI
Gold ETF
• C3 – Physical Gold is bought by IDBI Gold ETF and held with the custodian.
- Hence each investor holds physical gold proportionate to his investment
amount with a purity of 995 (24 Carat approx)
Redemption Process
• R1 – On redemption, Gold held by the custodian is sold and the cash proceeds
are credited to IDBI Gold ETF.
R2 C2 • R2 – IDBI Gold Fund sells units in IDBI Gold ETF and gets the cash proceeds from
IDBI Gold ETF.
• R3 – IDBI Gold Fund in turn transfers the redemption amount to the investor
corresponding to the NAV .
- The redemption amount includes the appreciation in gold price over the
holding period
> For smaller investment/redemption amount (less than 1000 ETF units) the ETF units can
R1 C3 also be bought/sold on the stock exchange.
• Investor can invest minimum Rs. 5000/- as lump sum or Rs.500/- through SIP / STP Route
• Direct purchase and sale of the units at the AMC through open-ended IDBI Gold Fund
• Uniform purchase and sale price at NAV
Protects you against gold price movements
11
12. Benefits of Investing in
IDBI Gold Fund
Fractional
Holding of Gold
is Possible Benefits of Investing in
IDBI Gold Fund
Invest in Gold at
Lowest Possible No need of
Price with Low Demat Account
Margin
Protects you against gold price movements
12
13. Gold – A Wealth Creator
• For a SIP amount of Rs 5000/- per month
10 yr 7 yr 5 yr 3 yr 1 yr
Amount invested (Rs.) 6,00,000 4,20,000 3,00,000 1,80,000 60,000
SIP Start Date 1st June 2002 1st June 2005 1st June 2007 1st June 2009 1st June 2011
Returns 21.78% 23.87% 25.06% 25.43% 18.17%
Investment Value 1,897,688 983,696 558,155 260,370 65,780
Equivalent gms of gold 693.4 359.4 203.9 95.1 24.0
Note: Gold Prices are in USD/oz converted to INR; Source: Bloomberg
For a SIP of 5 yrs, an investor could have accumulated over 200 gms of gold and in the process getting a
return of over 25% per year for his investment
Gold equivalent to gms. of gold – Gold price as on May 31, 2012
Returns calculated on monthly SIPs in gold in INR and hence different from slide 2
Past Performance of gold as mentioned above may or may not be sustained in the future.
Protects you against gold price movements
13
14. Gold – A Wealth Creator
• For Lump sum Investments
10 yr 7 yr 5 yr 3 yr 1 yr
Amount invested (Rs) 1,00,000 1,00,000 1,00,000 1,00,000 1,00,000
Investment Date 1st June 2002 1st June 2005 1st June 2007 1st June 2009 1st June 2011
Returns (CAGR) 18.57% 25.23% 26.84% 24.01% 27.15%
Investment Value 5,49,366 4,83,032 3,28,344 1,90,721 1,27,147
Equivalent gms of gold 200.7 176.5 120.0 69.7 46.5
Note: Gold Prices are in USD/oz converted to INR; Source: Bloomberg
Gold equivalent to gms of gold – Gold price as on May 31, 2012
Returns calculated for gold in INR and hence different from Slide 2
Past Performance of gold as mentioned above may or may not be sustained in the future.
Protects you against gold price movements
14
15. Comparison of Gold Fund &
other Gold Instruments
Benefit Physical Gold Commodity Exchange Gold ETF Gold Fund
Quality Varies High High High
Cost of Holding High Low Low Low
Risk of Theft Yes No No No
Wealth Tax Yes No No No
Long Term Cap Gain Tax After 3 Years No (Speculation or trading) After 1 yr After 1 yr
Auto SIP Facility No No No Yes
Fragment Holding Yes No No Yes
Purchase Price Dealer Price Market Price Market Price NAV Related Price
Protects you against gold price movements
15
16. SIP in a Gold Fund VS
Gold Retailer’s Scheme
Gold Fund Gold Retailer's Scheme
Open ended scheme with a perpetual SIP option – Only limited period (1 – 3 years) facility available in the market – No
Protects against gold price movement medium/long term price protection
Easy Entry & Exit Easy Entry but on premature exit- appreciation benefit is limited
Settlement in Value terms Settlement through in house jewellery only
Acquisition Margin on Gold - Low Acquisition Margin on Gold - High
Wealth Tax Not applicable Wealth Tax applicable
Invest in 99.5% purity (24 Carat) Gold
16
17. Scheme Features
Investment Details To generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund.
Asset Allocation Indicative Allocation
Instruments Risk Profile
Min. Max.
Units of IDBI Gold Exchange Traded Fund 95% 100% Medium to High
Reverse Repo / Short-Term Fixed
Deposits / Money Market Instruments
0% 5% Low
and in IDBI Liquid Fund Scheme of IDBI
Mutual Fund
Minimum Investment Rs. 5000 and in multiples of Re.1
Additional Investment Rs. 1000 and in multiples of Re. 1
17
18. Scheme Features (Cont’d)
Load Structure - Entry Load : Not Applicable
- Exit Load: 1% for exit within 12 months from the date of allotment
during NFO and on an ongoing basis (Redemption /switch-out/Transfer/
Systematic Withdrawal Plan)
Plan Growth Option Only
Benchmark Domestic price of Gold
SIP Frequency Monthly & Quarterly
Min. SIP Installments • Rs. 500 and in multiples of Re.1 thereafter for a minimum period of 12
months OR
• Rs. 1000 and in multiples of Re. 1 thereafter per month for minimum
period of 6 months
• Rs 1,500 and in multiples of Re.1 thereafter per quarter for a minimum
period of four quarter.
Systematic Transfer Daily, Weekly, Monthly & Quarterly options
Plan (STP)
Systematic Available
Withdrawal Plan (SWP)
18
19. Disclaimer
Statutory Details: IDBI Mutual Fund has been set up as a trust sponsored by IDBI Bank Ltd. with
IDBI MF Trustee Company Ltd. as the Trustee (Trustee under the Indian Trusts Act, 1882) and
with IDBI Asset Management Ltd. as the Investment Manager. Risk Factors: AMC / Trustee /
Sponsor is not liable or responsible for any loss or shortfall resulting from the operations of the
scheme. Mutual Fund Investments are subject to market risks, read all scheme related
documents carefully. For further information please contact: IDBI Asset Management Ltd., 5th
Floor, Mafatlal Centre, Nariman Point, Mumbai- 400 021.
19