Physical gold has always been a household favourite, but 2024 witnessed a significant surge in demand for gold Exchange Traded Funds among investors. This has created a massive demand-supply gap and has shifted investor interest towards Gold ETFs,” said Mayank Bhatnagar, co-founder and COO, FinEdge. HNI and retail investors' interest “Gold ETFs have witnessed a sharp rise in popularity throughout …
More than 15 per cent of the high networth individuals in the country are aged under 30, a recent report said. Prashant Thakur, Regional Director and Head of Research, Anarock Property Consultants, noted, “A dynamic mix of young entrepreneurs, tech pioneers, and seasoned industrialists driving the expansion in affluent population.” The study found that 20 per cent of the Indian …
In a groundbreaking move, the Union Budget 2024-25 has introduced sweeping changes to the capital gains tax regime. View Full Image Graphic by Pranay Bhardwaj Lucrative option in ETFs In a similar vein, the budget aligns the tax rates on gold and silver exchange-traded funds with those of listed equities, offering investors a more straightforward and potentially more lucrative option …
