Gold prices have soared in the last few months and have given investors a return of 26 per cent last year. It's time to look at gold as an investment option, and invest in some of the attractive gold schemes offered by jewellers. Here are 5 of the best gold schemes that investors could invest in.
Golden Harvest By Tanishq
One can invest in the Golden Harvest Scheme by Tanishq for a small investment of Rs 2,000 every month. This is a 10-month scheme, and after a period of 10-months, Tanishq offers you a discount of 75 per cent on the investment value.
For example, if you pay a sum of Rs 2,000, you can get a discount of up to Rs 1,500 on your last instalment. The amount accumulated by investing every month, can be used for buying gold jewellery. The account should be closed after a period of 421 days. Investors who wish to save and invest in gold, can look at this scheme.
Lalitha Jewellery Eleven Month 'Jewellery Purchase Plan'
Lalitha Jewellery runs the Eleven Month 'Jewellery Purchase Plan', under which investors can purchase with small sums of Rs 1,000, Rs 1,500, Rs 2,000 or Rs 2,500.
The one big advantage of the scheme is that an individual gets one instalment free from Lalithaa Jewellery besides taking home any gold jewellery of the investors choice at just 50 per cent of the applicable value added. The amount you pay will be credited in grams of gold as per the prevailing 22ct gold rate on that day.
A good scheme for those looking at building a corpus for returns in the short to medium term.
Bhima Gold Tree
This is another good gold saving scheme from a reputed jeweller. Under this scheme if an investor invests Rs 500 for 18 months, the total amount translates to Rs 9,000. However, Rs 1,000 would be added to this amount by the firm, thus taking the total to Rs 10,000 benefiting the investor by Rs 1,000.
There is also a scheme for 11 months, where you pay small amounts every month, according to your wish.
Payments can be made in cash, cheques or credit and debit cards. A good scheme to build a corpus over a short term duration.
GRT Golden Eleven Flexi Plan
GRT Golden Eleven Flexi Plan is a monthly saving plan that helps individuals to plan and buy gold jewellery.
On enrolling, you can select an amount of your choice as monthly advance payment. There are various slabs starting from Rs 500 onwards. Individuals would be given a pass book to keep track of their payments. Like Golden Harvest this scheme too runs for a period of eleven equal monthly payments.
After making these payment for the last month, you can buy your favourite jewellery, except special items like Diamond, Platinum, Uncut Diamonds, Ruby, Emerald, Ethnic and Vintage Jewellery, Silver articles & Silver jewellery without wastage / Value addition charges.
Malabar Smart Buy
Under this scheme an individual investor has an option to save money on jewellery purchase. It is a great concept, as it gives investors discounts to customers for placing orders for any jewellery design either available with us 'In Stock' or currently 'Out of Stock' but can be manufactured on request. Customers need to plan their jewellery purchases in advance and would require making upfront payment to complete this process. Once order process is completed all 'Smart Buy' products would be manufactured and delivered by promised delivery date. 'Smart Buy' option is available on selected products on product detail page.