Demat Gold

What is Demat Gold?

Well, Demat Gold means Gold ETF (Exchange Traded Funds) Mutual Funds.
There are so many Gold ETF Funds are available in the market. you can choose any ETF Fund and that is your Demat Gold.

Advantages of Demat Gold over Physical Gold.

You can read several advantages of Demat Gold over physical gold by following the link above. The main two advantages of Demat Gold is its Paper form & Absence of Wealth Tax.

Because of the Demat Form of the Gold, it becomes totally safe & secure to keep it with you. And another main advantage of Demat Gold sometimes referring as a PAPER Gold is – NO Wealth Tax on Demat Gold.

If you possess a Physical Gold than you will require to pay a Wealth Tax as well as you have to keep it safe and secure so that no one can steal it from you. But Paper Gold (Demat Gold) has all of the advantages that Physical Gold does not have.

Another advantage of Demat Gold is No Purity issues. In case of physical gold, you may have to face purity issues.

Thus, if you want to buy a Gold purely Investment purpose & not to make jewellery out of it than the Demat Gold is the right choice for you.