P. N. Gadgil Jewellers launches grand showroom at Viman Nagar, Pune

P. N. Gadgil Jewellers aims to reach out to the extensive customer base of neighborhood areas namely Viman nagar, Lohgaon, Wadgaonsheri, Chandannagar and Wagholi as well as to the international customers.

Post By : IJ News Service On 18 July 2015 9:17 AM
Motilal Oswal Mutual Fund announced the launch of Motilal Oswal MOSt Shares Gold ETF (MOSt Gold Shares), an open ended exchange traded fund that invests in gold bullion. Continuing with the tradition of creating ‘India’s first’ products, MOSt Gold Shares is India’s 1st Gold ETF of its kind which seamlessly enables Investment as well as Consumption of Gold for Retail Investors.%% The NAV of the MOSt Gold Shares unit will track spot price of 1 gm of gold. Valued at spot gold bullion prices, investors can get pure imported Gold at a price lower than any other option in the market by redeeming the ETF units for physical gold bars in as low as 10 grams across 22 cities in India. It will provide investors a means of participating in the gold bullion market and take physical delivery of gold when needed. This makes MOSt Gold Shares stand apart from others.%% MOSt Gold Shares is supported by RiddiSiddhi Bullions Limited (RSBL), as Primary Authorized Participants & Market Makers. RSBL is one of the largest bullion dealers in India. It runs RSBL Spot, one of the most successful gold and silver trading OTC systems in the world. These prices are the benchmark in the professional bullion markets across India.%% Speaking on the occasion, {{Nitin Rakesh}}, CEO, Motilal Oswal AMC said, “MOSt Gold Shares is a unique offering as it offers the best of both worlds – investment cum consumption - in a very cost effective way, you can get gold at lower price!”%% MOSt Gold Shares will be listed on the NSE and BSE. The New Fund Offer (NFO) will be open for subscription from 2nd of March 2012 till 16th of March 2012. The minimum investment amount during the NFO is INR 10,000 and in multiples of INR 1 each thereafter. %%

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