Should you invest in Gold Funds in India

Physical gold such as gold jewelry or gold coins has several drawbacks such as storage in safety vaults and the associated locker charges. They also demand price markups due to the design and making charges. Apart from these, purity issues and lack of flexibility in investment amounts can make buying physical gold inefficient. In contrast, Gold ETFs and Gold Fund of Funds have become popular forms of investment. Gold ETFs have received rising net inflows from investors. The number of folios in Gold ETF surged by almost 10% in June to Rs. 18.32 lakh from Rs. 16.68 lakh in May as per monthly data from AMFI. Another way of investing in Gold digitally and overcoming the drawbacks of investing in physical gold is by investing in gold fund of funds instead.

The meaning of Gold Fund of Funds is an open-ended fund which has an underlying investment in Gold ETFs, that in turn is backed by physical gold and tracks the domestic price of Gold. The NAV is declared at the end of the trading day similar to other mutual funds. One can invest in a Gold Fund of Funds via an SIP, where you can invest a minimum of Rs 500. When comparing gold funds vs gold ETF, one doesn’t need a DEMAT account for investing in a gold fund of funds. The capital gain arising out of redeeming Gold Funds within less than three years is subject to short-term capital gains tax which will be taxed as per Income Tax slabs. For capital gains arising for a holding period of more than three years, then it will be long-term capital gain, which will be taxed at the rate of 20%.

Gold acts as a strategic asset in an investor’s portfolio, given its ability to be an effective risk-reducing portfolio diversifier. It helped alleviate losses for investors who owned them during the pandemic.

With the fall in gold prices in response to the strengthening of the US dollar in Jun 2021 and talks of interest rate tightening as early as CY 2023, investors can consider allocating a portion of their portfolio to Gold.

While selecting a Gold fund of Funds, just like any mutual fund, investors need to analyze the fund based on certain quantitative and qualitative parameters, that one can use to arrive at the best gold funds as per their requirements. Additionally, it would be best if one were to keep their financial goals, risk appetite and investment horizon in mind.

Disclaimer: The views expressed here in this Article / Video are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. Quantum AMC / Quantum Mutual Fund is not guaranteeing / offering / communicating any indicative yield on investments made in the scheme(s). The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader. The Article / Video has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of the Article / Video should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. None of the Quantum Advisors, Quantum AMC, Quantum Trustee or Quantum Mutual Fund, their Affiliates or Representative shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary losses or damages including lost profits arising in any way on account of any action taken basis the data / information / views provided in the Article / video.

Should You Get Your Wife a Push Present?

Perhaps your wife has been hinting to you that she wants a gift once she delivers your baby. Or maybe, you are appreciative of all that she is going through during her pregnancy and would like to show her your admiration. Whatever your reasons, giving your wife a push present is always a good idea. Not only will it help her to feel loved and cherished, it will also help her realize that you see her as more than just a new mommy; you see her as a sexy, beautiful woman.

After giving birth, a woman’s hormones are in disarray. This means that a new mother tends to be moody, cranky, and irritable. She is likely excited about her new baby but also anxious and worried that she won’t know how to raise him. Or perhaps she is concerned she won’t be a good mother. All of these emotions and hormonal imbalances combine to undermine a woman’s self-esteem, confidence, and mood. A push present is a great way to cheer you wife up, especially if it includes chocolate!

A push present can also be symbolic to a woman. For example, if you got her a birthstone pendant or ring, that item may eventually become a constantly worn reminder of her baby. One new dad bought his wife a bracelet and her comment was, “In my eyes this bracelet represents my daughter, and I am rarely without it – as I am rarely without my wedding ring. Not for the bling factor, but because I want my family with me symbolically even when we are apart.” Another mother told how her husband got her a birthstone ring for each of her three daughters and how they planned to pass those rings to their girls when they turned sixteen.

Opponents to the idea of push presents say that it is materialistic to get your wife a gift, especially since your family has just grown, you should be saving the money. But, as one dad put it, “it’s only money…and the look on my wife’s face when she opens [her gift] will be priceless.” A push present is a simple, tangible way for you to show your wife how much she means to you. Really, it is like any other romantic gift you get her; it is just a special way to express your love.

Confident Public Speaking – How to Overcome Presentation Fear

Public speaking is a difficult task and most of the times it gives the public speaker butterflies in the stomach during the speech. It can also be a common source of stress for most people who would rather be part of the audience than be the one standing on stage. Most of us would like to avoid being in such situation all along. However there are many of us who need to speak in public on a regular basis because it is part of their job and they need to get certain tasks done. The speech does not have to be perfect, what is important is you need to get your point across your audience.

- It is acceptable to be nervous just before your speech. Even the experienced speakers get nervous when they have to make a speech. However instead of being too nervousness, you may prefer to divert energy and excitement into something that can be used to improve the way of delivering your speech.

- Prepare to know what you mean. You can try getting up and walking as a practice out loud. Do not focus on how you are going to deliver the speech. The speech will be much better if you do not to have put anything in writing or memorized word for word. It is best to know more about the subject of your speech so you can always do ad-libs if you miss a line or two.

- Practice does not mean that you’ll get things perfectly done; however it will somehow familiarize you on the speech or subject that you are about to discuss. You may want to try speaking to an audience, small groups are best way to test your skills. Dale Carnegie course would be a good way to sharpen your public speaking skills.

- Breathing exercises even for thirty seconds or more would help you relax before you give your speech. Slowly and deeply breathe through your nose; and as you do the breathing exercise, you need to remind yourself to relax.

- As a public speaker, you need to concentrate on how you can keep your audience’s attention from you. More often than not, the stage fright occurs when you start being too conscious on how we’re doing as a speaker. If you pay too much attention to the way you are delivering your speech more than what you are saying; most likely stage fright would attack you.

- Before you set your foot on the stage, it is best to meet and greet some of the people in your audience before the presentation. If it is possible for you to do it, then learn a little from your audience. Then look into the eyes of your audience as if you were speaking to one person at a time. Maintain eye contact in the entire duration of your speech.

- Remember to smile, and maintain proper body posture. If you keep your head up high and you never fail to smile at your audience; then no one from your audience would know that you are about to wet your pants because of nervousness. They would not have any idea that your heart is pounding out of your chest, your hands are both sweaty. No one would know that you already feel like you are about to lose consciousness because of the stage fright that you feel that moment. Keep your focus and don’t forget to smile.

It is very important to prepare yourself in every public speaking engagement that you are invited. Being a public speaker is not an inherit talent, but it is a skill that needs to be honed in order to become a better public speaker.