May 11, 2013

Akshya Tritya- 13-05-13 - Extended BSE - NSE Session ( For Gold ETF s only )

On the auspicious occasion of Akshya Tritya on Monday May 13,2013, BSE and NSE will be conducting an extended Live trading session for trading in Gold ETFs only.
Market Timing                                                                            From   To
Normal Market Timing                                                             9:00am 3:30pm
Extended  Trading Session for Gold ETF's only                            4:30pm 7:00pm
 
 
We are pleased to inform you that exchange will not  levy any transaction charges (only) on Gold ETF transactions executed during both the sessions on 13.05.2013.
Please refer the following link for details   http://www.nseindia.com/content/circulars/CMTR23346.pdf
                                                                   http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20121102-20
We wish you happy trading in Gold ETF on this occasion.
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Buying gold on Akshaya Tritiya is the ultimate symbol of wealth and prosperity.

Coming 13th May 2013, on the auspicious occasion of Akshaya Tritiya invest in Gold ETF and make a new beginning of greater prosperity, success and happiness.
Some of the important Gold ETFs are given below:

IDBIGOLD        IDBI Mutual Fund
GOLDBEES        Goldman Sachs Asset Management
GOLDSHARE       UTI Mutual Fund
KOTAKGOLD       Kotak Mutual Fund
RELGOLD Reliance Mutual Fund
QGOLDHALF       Quantum Mutual Fund
SBIGETS         SBI Mutual Fund
RELIGAREGO      Religare Mutual Fund
HDFCMFGETF      HDFC Mutual Fund
IPGETF   ICICI Prudential Mutual Fund
AXIS GOLD ETF   Axis Mutual Fund
BSLGOLDETF      Birla Sunlife Mutual Fund

The salient feature of Gold ETF is categorized below for the benefit of the clients.

- No need to pay any premium, making or delivery charges

- Buying Gold ETF is purchasing gold in electronic form -- no worries of theft and you also save on locker charges.

- No issues of wastage or impurities like in the case of physical gold.

- Tax efficient way to hold good, No securities transaction tax or wealth tax

- Can be easily purchased or sold anytime at transparent real time price. Unlike gold coins and bars, which the banks don't buy back and most jewelers only offer to exchange but not buy back

Contact your nearest SHCIL branch for further queries.

Happy Investing and Happy Akshay Tritiya.

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