Gold / Diamond / Gold ETF
- Import duty on gold in India was 15% now it's 6%
- There is also no customs tax on gold jewelry and ornaments that weigh less than 20 grams and are valued at less than INR 50,000. For ornaments weighing between 20 grams and 100 grams, a flat 10% customs charge is applied to the entire declared value. In addition to basic customs duty, IGST and other taxes may also apply.
- Dubai does not impose a tax on gold
- GST - 3% on total value of jewellery
- Gold jewellery cost calculation: How jewellers calculate price of gold jewellery
- Jewelbox's $100M consumer opportunity 💍
- Planning to exchange old jewellery for new? Know the income tax rules | Mint
- 'In 1990, 1 kg gold could buy a Maruti 800, in 2040, it would buy...': Expert on current gold rally - 'In 1990, 1 kg gold could buy a Maruti 800, in 2040, it would buy...': Expert on current gold rally BusinessToday
- 1990 .....1KG gold = Maruti 800
- 2000......1KG gold = Esteem
- 2005......1KG Gold = Innova
- 2010......1KG Gold = Fortuner
- 2019.....1KG Gold = BMW X1
- 2040....1KG Gold = Private Jet
- What you need to know about gold before investing in it
- What you need to know about gold before investing! - YouTube
- A checklist before buying gold or silver for "diversification"
- Gold Storage Limit in India: How Much Gold Can You Keep at Home Without Inviting an Income Tax Raid? - PUNE PULSE
- Married woman: up to 500 grams
- Unmarried woman: up to 250 grams
- Married or unmarried man: up to 100 grams
- Tax
- Short-Term Capital Gains (STCG): If gold is sold within 2 years of purchase, profits are added to your income and taxed as per your slab rate.
- Long-Term Capital Gains (LTCG): If sold after 2 years, the gain is taxed at 12.5% (without indexation benefit).
Gold ETFs
- Nippon India ETF Gold BEES (0.82%) (AUM - Rs. 18,780 crs)
- Zerodha Gold ETF (Expense Ratio: 0.32%)
- Mirae Asset Gold ETF (Expense Ratio: 0.34%)
- LIC MF Gold ETF (Expense Ratio: 0.41%)
- Tata Gold ETF (Expense Ratio: 0.42%)
- ICICI prudential gold ETF (0.50%) - GOLDIETF - AUM - Rs. 6,992Cr.
- Kotak Gold ETF (0.55%)
- HDFC Gold ETF (0.59%)
- UTI Gold ETF
- SBI Gold ETF (0.73%)
Gold Funds
Best Gold Mutual Funds To Invest in India 2025
- Nippon India Gold Savings Fund (AUM - ₹2,623 Crs)
- SBI Gold Direct Plan-Growth (AUM - ₹3,225 Crs)
Gold Funds vs. Gold ETFs
| Point | Gold Mutual Funds | Gold ETFs |
|---|---|---|
| Meaning | Gold mutual funds invest in gold or gold-related assets, such as gold ETFs, gold producers, and mining companies. | Gold ETFs are instruments that track the performance of gold. These ETFs invest in gold by purchasing bullion or futures contracts. |
| Demat Account | Gold mutual funds do not require a demat account. | To invest in Gold ETFs, an investor requires a demat account. |
| SIP | An investor can invest in gold mutual funds through a systematic investment plan (SIP). | It is not possible to invest in Gold ETFs through SIP. ETF units need to be bought with a lump sum payment. |
| Costs | Gold mutual funds have higher costs, such as entry and exit loads. | Gold ETFs have no entry and exit loads. However, demat and brokerage charges are applicable. |
| Taxability | Long-term capital gains, along with taxes applicable to jewellery, are levied on gold mutual funds. | Although gold ETFs are subject to long-term capital gains tax, they are exempt from VAT and Securities Transaction Tax. |
Tax Benefits: Although gold ETFs are subject to long-term capital gains tax, they are exempt from other taxes such as value-added tax (VAT) or Securities Transaction Tax (STT). By investing in a gold ETF, an investor can benefit from a lower tax burden
Gold ETF vs Gold Mutual Fund: Which is a Better Investment Option?
Dubai Gold
- gold purchasing in Dubai - Ranya Rao gold smuggling case: How much can you save if you buy gold from Dubai? Check import duty, permitted quantity - Ranya Rao gold smuggling case: How much can you save if you buy gold from Dubai? Check import duty, permitted quantity BusinessToday
- Dubai Gold Price vs. India: How Much Can You Save After Import Duty?
American diamonds / cubic zirconia / faux bijoux
Cubic zirconia is a man-made, lab-created gemstone that resembles a diamond. It is made of zirconium dioxide and is optically flawless. This means that it looks very similar to a natural diamond, but it is much more affordable. The stones are created in a laboratory, which makes them much less expensive than natural diamonds.
What Is American Diamond Jewellery? | Lara Heems Jewellery
The Ultimate Guide on American Diamond Aka Cubic Zirconia Jewellery - Tarinika India
Is gemstone also really scarce
- Emerald
- Ruby
- Sapphire
- Tanzanite
Soverign Gold Bond (SGB)
- Buy it in secondary market instead of applying for new issue
- Interest - 2.5 % (taxable) (simple interest given biannually)
- Discount of Rs.50 per gram
- Exit option at 5 years and maturity at 8 years
- No tax on capital gain
- SGB are tradable on stock exchange
- Capital gain is taxable
- LTCG with indexation available
- No TDS (pay in returns)
- 4KG per individual per year limit
- Best Ways to Invest in Gold | Sovereign Gold Bond vs ETFs vs Mutual Fund vs Digital & Physical Gold - YouTube
- How to Invest in Gold | Sovereign Gold Bonds (SGB) vs Digital Gold vs Gold ETF vs Gold Mutual Fund - YouTube
- Sold before 3 years - Short Term Capital Gains
- Gains added to income
- Taxed as per income tax slab
- Sold after 3 years - Long term Capital Gains
- 20% tax after indexation
Calculated the Returns | Gold vs Digital Gold vs SGB vs ETF | SHOCKING RESULTS | LLA - YouTube
Sovereign Gold Bonds or Multi-Asset Funds: Which should I use for gold diversification?
Should we include gold in our long term investment portfolios? | freefincal
- No benefit in including gold in your portfolio for returns
- Negative correlation between equity and gold
- 50% equity + 50% bond perform the best, lower beta (volatility) and same alpha (excess returns)