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News18
9 hours ago
- Business
- News18
Physical Gold Vs ETF: Pros, Cons, Taxability, Making Charges, Know All The Differences
Last Updated: Physical gold offers emotional value but comes with storage and resale challenges. Gold has always been a trusted investment in Indian households, especially in the form of jewellery, coins, or bars. But now, many investors are looking at digital options like Gold ETFs (Exchange Traded Funds). Both have their pros and cons, depending on your needs. Here's a simple comparison of physical gold and Gold ETFs. Why Do People Still Buy Physical Gold? Gold jewellery isn't just an investment in India; it holds cultural and emotional value. People buy it for weddings, festivals, and gifts. Over the last 10 to 15 years, physical gold has delivered strong returns of around 9–10 per cent per year, and even 12 per cent annually in the last decade, according to the India Bullion and Jewellers Association (IBJA) data. These returns have beaten several fixed-income investments. But Physical Gold Has Drawbacks Too – High making charges: Jewellery often comes with 15–25 per cent making charges, which are not recoverable on resale. – Storage issues: You need to store it safely, which can be stressful and costly. – Resale challenges: Selling gold jewellery can lead to deductions or lower prices, especially if you didn't buy it from the same jeweller. Gold ETFs are digital investments backed by real gold. They are traded on stock exchanges, just like shares. Launched in India in 2007, they let you invest in gold without worrying about storage or safety. ETFs closely follow gold prices and have given 8.5–9.5 per cent average annual returns over the past decade. Some funds have even matched or outperformed physical gold returns when held for 15 years. Benefits of Gold ETFs – Easy to buy or sell: You can buy or sell ETFs anytime through your demat account. – No storage hassle: No lockers or physical safety required. – Low cost: Expense ratios range from 0.3 per cent to 1 per cent, much lower than jewellery-making charges. – Better tax treatment: If held for over 3 years, ETFs are taxed at 20 per cent with indexation, reducing your tax outgo. Both physical gold and ETFs are taxed as long-term capital gains (LTCG) if held for over three years. But with ETFs, it is easier to track your investment and get proper value on sale. On the other hand, physical gold resale might involve hidden charges, and it is harder to prove the original cost in some cases. What should you choose? If you are looking for: – Convenience, transparency, and long-term growth, then go for Gold ETFs. – Sentimental value, gifting, or future use in weddings, then pick Physical gold may suit you better. Experts suggest putting 5–10 per cent of your portfolio into gold, and for most modern investors, a major part of that can be in digital formats like ETFs due to ease of use, tax efficiency, and liquidity. view comments First Published: News business Physical Gold Vs ETF: Pros, Cons, Taxability, Making Charges, Know All The Differences Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
a day ago
- Business
- Time of India
Parliament watch: FDI to unlock insurance potential; finance ministry talks about GST plans
100% FDI to unlock insurance potential: FM Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Monday told the Lok Sabha that allowing 100% foreign direct investment (FDI) in insurance would unlock the full potential of the Indian insurance sector and enhance coverage. "With the increase in FDI limit from 74% to 100% for insurance companies, the government aims to unlock the full potential of the sector, which is projected to grow at 7.1% annually over the next five years, outpacing global and emerging market growth," she said in a written reply. In the February Budget, the government had announced the FDI limit would be raised to 100% for companies that invest the entire premium in India. Explore courses from Top Institutes in Please select course: Select a Course Category others Degree Design Thinking Finance MBA Product Management Management Technology Public Policy healthcare Operations Management MCA Healthcare Artificial Intelligence Cybersecurity Leadership Data Science PGDM Digital Marketing Data Science Data Analytics CXO Others Project Management Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT - ISB Cybersecurity for Leaders Program India Starts on undefined Get Details "This is an enabling provision that will allow interested insurers to explore hiking the FDI percentage," she said, adding it would eliminate the need for foreign players to find Indian partners for the remaining 26%, thereby easing entry and boosting insurer numbers. "Removing the FDI cap will attract stable and sustained foreign investment, enhance competition, facilitate technology transfer, and improve insurance penetration," she added. Smart meters for electricity installed Maharashtra, Assam, Uttar Pradesh, Chhattisgarh, Bihar, and Madhya Pradesh are among the top states in smart meter installations, with over 20 lakh meters installed under the Revamped Distribution Sector Scheme (RDSS), Minister of State for Power Shripad Naik told the Rajya Sabha. Six states, including Delhi, Punjab, Tamil Nadu, and Kerala, have not reported any installations under the scheme. Of the 20.33 crore sanctioned smart meters under RDSS, 2.44 crore have been installed. Live Events No plan to revise 30% crypto tax The government has no plan to revise the 30% tax on crypto gains or the 1% tax deducted at source on all crypto transactions, Minister of State for Finance Pankaj Chaudhary told the Lok Sabha on Monday. In a written reply, he also ruled out any plan to introduce Exchange Traded Funds (ETFs) for virtual digital assets to integrate them into the mainstream financial ecosystem. Rs 1,678 cr released under ADP till February The finance ministry on Monday told Parliament that ₹1,678.04 crore has been released so far under the Aspirational Districts Programme till February 2025. Jharkhand received the highest allocation of ₹220 crore, followed by Bihar with ₹202 crore and Uttar Pradesh with ₹176 crore. No GST rate cut on flex-fuel vehicles The finance ministry on Monday informed Parliament that the GST Council had discussed a proposal to cut the tax rate on flex-fuel vehicles at its 52nd meeting, but no change was recommended. Minister of State for Finance Pankaj Chaudhary said the Ministry of Road Transport and Highways has urged all states and union territories to consider exempting or reducing road tax on flex-fuel vehicles to incentivise adoption. Rely on quarterly GST numbers for economic indicator The finance ministry told Parliament that quarterly comparison of net GST collections is a more accurate economic indicator than monthly comparisons, as it smooths short-term fluctuations. GST collections in June stood at ₹1.84 lakh crore, up 6.2% year-on-year. Gujarat's 800 MW thermal plant likely by FY30 Gujarat's 800 MW Ukai thermal power project is expected to be commissioned by FY30, Minister of State for Power Shripad Naik told the Rajya Sabha. Around 328 GVA of additional transformation capacity-192 GVA under inter-state and 136 GVA under intra-state systems-is targeted by FY35. About 44,000 circuit km of transmission lines are also planned by the same period. Economic Times WhatsApp channel )
Cision Canada
4 days ago
- Business
- Cision Canada
Mackenzie Investments Announces July 2025 Distributions for its Exchange Traded Funds Français
TORONTO, July 25, 2025 /CNW/ - Mackenzie Investments ("Mackenzie") today announced the July 2025 monthly cash distributions for its Exchange Traded Funds ("ETFs") listed below that trade on the Toronto Stock Exchange ("TSX") and Cboe Canada. Unitholders of record on August 1, 2025, will receive cash distributions payable on August 11, 2025. Details of the per-unit distribution amounts are as follows: Mackenzie ETF Ticker Symbol Distribution per Unit ($) CUSIP ISIN Payment Frequency Exchange Mackenzie Core Plus Global Fixed Income ETF MGB $ 0.04913 55452P101 CA55452P1018 Monthly TSX Mackenzie Unconstrained Bond ETF MUB $ 0.06346 55454N104 CA55454N1042 Monthly TSX Mackenzie Floating Rate Income ETF MFT $ 0.10628 55453X103 CA55453X1033 Monthly TSX Mackenzie Core Plus Canadian Fixed Income ETF MKB $ 0.04052 55452R107 CA55452R1073 Monthly TSX Mackenzie Canadian Short Term Fixed Income ETF MCSB $ 0.05171 55452Q109 CA55452Q1090 Monthly TSX Mackenzie Canadian Aggregate Bond Index ETF QBB $ 0.25197 55452S105 CA55452S1056 Monthly TSX Mackenzie Canadian Short-Term Bond Index ETF QSB $ 0.26238 55453K101 CA55453K1012 Monthly TSX Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) QUIG $ 0.28804 55455H106 CA55455H1064 Monthly TSX Mackenzie US High Yield Bond Index ETF (CAD-Hedged) QHY $ 0.44626 55455K109 CA55455K1093 Monthly TSX Mackenzie Emerging Markets Local Currency Bond Index ETF QEBL $ 0.34219 55455J102 CA55455J1021 Monthly TSX Mackenzie Emerging Markets Bond Index ETF (CAD-Hedged) QEBH $ 0.32281 55454J103 CA55455J1030 Monthly TSX Mackenzie Developed ex-North America Aggregate Bond Index ETF (CAD-Hedged) QDXB $ 0.22515 55454P109 CA55454P1099 Monthly TSX Mackenzie U.S. Aggregate Bond Index ETF (CAD-Hedged) QUB $ 0.22700 554557108 CA5545571088 Monthly TSX Mackenzie Global Fixed Income Allocation ETF MGAB $ 0.06407 554552208 CA5545522081 Monthly TSX Mackenzie Canadian Ultra Short Bond Index ETF QASH $ 0.12063 554564104 CA5545641048 Monthly TSX Mackenzie US Government Long Bond Index ETF QTLT $ 0.26139 55454Q107 CA55454Q1072 Monthly TSX Mackenzie Canadian Government Long Bond Index ETF QLB $ 0.29025 55455N103 CA55455N1033 Monthly TSX Mackenzie Global High Yield Fixed Income ETF MHYB $ 0.06984 55454M106 CA55454M1068 Monthly Cboe Canada Mackenzie Canadian All Corporate Bond Index ETF QCB $ 0.34444 55454A102 CA55454A1021 Monthly Cboe Canada Mackenzie US TIPS Index ETF (CAD-Hedged) QTIP $ 0.27890 55456B108 CA55456B1085 Monthly Cboe Canada Mackenzie Global Sustainable Bond ETF MGSB $ 0.03596 554565101 CA5545651013 Monthly Cboe Canada Wealthsimple North American Green Bond Index ETF (CAD-Hedged) WSGB $ 0.05046 94702B109 CA94702B1094 Monthly Cboe Canada Mackenzie Target 2027 North American IG Corporate Bond ETF MTBA $ 0.02534 554554105 CA5545541057 Monthly TSX Mackenzie Target 2029 North American IG Corporate Bond ETF MTBB $ 0.02907 554540104 CA5545401047 Monthly TSX Mackenzie AAA CLO ETF MAAA $ 0.06782 554538108 CA5545381082 Monthly TSX Further information about Mackenzie ETFs can be found at Commissions, management fees, brokerage fees and expenses all may be associated with Exchange Traded Funds. Please read the prospectus before investing. Exchange Traded Funds are not guaranteed, their values change frequently and past performance may not be repeated. The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with an Exchange Traded Fund's performance, rate of return or yield. If distributions paid by the Exchange Traded Fund are greater than the performance of the Exchange Traded Fund, your original investment will shrink. Distributions paid as a result of capital gains realized by an Exchange Traded Fund, and income and dividends earned by an Exchange Traded Fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero. About Mackenzie Investments Mackenzie Investments ("Mackenzie") is a Canadian investment management firm with approximately $224 billion in assets under management as of June 30, 2025. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), part of the Power Corporation group of companies and one of Canada's leading diversified wealth and asset management organizations with approximately $283 billion in total assets under management and advisement as of June 30, 2025. For more information, visit
Toronto Star
5 days ago
- Business
- Toronto Star
FT Portfolios Canada Co. Announces Cash Distributions for Its Exchange Traded Funds
TORONTO, July 24, 2025 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. ('First Trust Canada') is pleased to announce cash distributions for its Exchange Traded Funds ('First Trust ETFs') listed on the Toronto Stock Exchange and Cboe Canada for the month ending July 31, 2025. The cash distributions are payable on August 8, 2025 to Unitholders of record on July 31, 2025 with an ex-dividend date of July 31, 2025.
Hamilton Spectator
5 days ago
- Business
- Hamilton Spectator
FT Portfolios Canada Co. Announces Cash Distributions for Its Exchange Traded Funds
TORONTO, July 24, 2025 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. ('First Trust Canada') is pleased to announce cash distributions for its Exchange Traded Funds ('First Trust ETFs') listed on the Toronto Stock Exchange and Cboe Canada for the month ending July 31, 2025. The cash distributions are payable on August 8, 2025 to Unitholders of record on July 31, 2025 with an ex-dividend date of July 31, 2025. Details for the per unit distribution amounts are shown below: About First Trust First Trust Canada is the trustee, manager and promoter of the First Trust ETFs. First Trust Canada and its affiliates First Trust Advisors L.P. ('FTA'), portfolio advisor to the First Trust ETFs, an Ontario Securities Commission registered portfolio manager and U.S. Securities and Exchange Commission registered investment advisor, and First Trust Portfolios L.P., a FINRA registered broker-dealer, are privately held companies that provide a variety of investment services. FTA has collective assets under management or supervision of approximately US $279 billion as of June 30, 2025 through exchange-traded funds, closed-end funds, mutual funds and separate managed accounts. Further information about the First Trust ETFs can be found at . For further information, please contact: FT Portfolios Canada Co. 416-865-8065/877-622-5552
