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Merits of Gold Deposit Scheme
1. Income from Gold Certificate scheme is exempt from tax.
2. No wealth tax for the Gold deposited by you.
3. Income from Gold Deposit Scheme is exempt from Capital gain tax.
4. No need to fear of loss of theft.
5. Generate regular income from Gold, at the same time get the benefit of regular increase in the price of Gold.
Demerits of Gold Deposit Scheme
1. Interest rate for Gold Deposit Scheme is too low.
2. You can't get back the original model of Gold jewelery.
3. The money you invested in Gold jewelery, if it is kept in Fixed deposit, would have fetched you more returns.
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Invest Mutual Funds Online
Download Mutual Fund Application Forms from all AMCs
Download Mutual Fund Application Forms
Best Performing Mutual Funds
- Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
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