e series product

8/6/2019 E Series Product

http://slidepdf.com/reader/full/e-series-product 1/21

E – Series

A New Investment Paradigm



1

About Religare

Precious Metals

E-Series- Introduction

Why E-Series??

How to go about it?

Presentation Flow:



2

About Religare



3

Religare’s presence in the financial services

Aegon Religare

Life Insurance (44% JV

with AEGON)

Religare Macquarie Wealth

Management

Wealth Mgmt. (50% JV

with Macquarie)

Religare Capital Markets Ltd

EM Led Investment

Bank

India Subsidiaries

India Joint Ventures International

Religare Finvest Ltd

Lending

•Religare Commodities Ltd

•Religare Bullion Ltd

Religare Securities Limited

Brokerage

Religare Asset Management

Asset Management

Religare Health Insurance

Health Insurance



Religare’s footprint in the broking domain

326

367642

377

550

361

422

350

389

381

* Source: NSE, BSE

Growth in distribution through franchisees

382386 414

413 409

Q2 FY11

1,891

Q1 FY11

1,852

1,4821,439

Q4 FY10

1,747

1,333

Q3 FY10

1,686

1,300

Q2 FY10

1,591

1,209

Own Branches Franchisees

Continue to be among the leading players in the commodities

segment

4.9

4.4

4.94.5 4.5

Q1 FY11Q4 FY10Q3 FY10 Q2 FY11Q2 FY10

(%)Religare’s Market Share

Steady equity broking market share

3.9

3.6

3.4 3.53.6

Q2 FY11Q1 FY11Q4 FY10Q3 FY10Q2 FY10

Religare’s Market Share (%)

•Growing market share in broking business

•Powerful Research & Analytics

•Pan India presence

•Dedicated Corporate Desk

•Dedicated Arbitrage Desk

•Nationwide presence in Mandi Locations



Brazil

South Africa

UK

Dubai

India

Singapore

Malaysia

Indonesia

Sri Lanka

Hong Kong

Japan

USA

Strategy is to create strong Global presence



Precious Metals



Highlights :

Gold is an inflation hedge – keeps purchasing power intact .

Gold / Silver is an Effective Portfolio diversifier - Helps to contain Portfolio Risk. Low / Negative co-relation with

major asset classes .

Gold / Silver is a Safe Haven in financial crisis – Solid Asset .

Investment demand on rise – globally hedge funds, Gold, Silver and mutual funds are driving up investment

demand for Gold and Silver for its safe haven qualities .

Increased global affluence and low global interest rates fuel demand for bullions.

Gold & Silver

GOLD & SILVER PRICE IN DOMESTIC MARKETS

Gold Prices (Rs.),

19057.30

Silver Price (Rs), 34622.17

0

10000

20000

30000

40000

50000

60000

1 9 7 3 - 7 4

1 9 7 4 - 7 5

1 9 7 5 - 7 6

1 9 7 6 - 7 7

1 9 7 7 - 7 8

1 9 7 8 - 7 9

1 9 7 9 - 8 0

1 9 8 0 - 8 1

1 9 8 1 - 8 2

1 9 8 2 - 8 3

1 9 8 3 - 8 4

1 9 8 4 - 8 5

1 9 8 5 - 8 6

1 9 8 6 - 8 7

1 9 8 7 - 8 8

1 9 8 8 - 8 9

1 9 8 9 - 9 0

1 9 9 0 - 9 1

1 9 9 1 - 9 2

1 9 9 2 - 9 3

1 9 9 3 - 9 4

1 9 9 4 - 9 5

1 9 9 5 - 9 6

1 9 9 6 - 9 7

1 9 9 7 - 9 8

1 9 9 8 - 9 9

1 9 9 9 - 0 0

2 0 0 0 - 0 1

2 0 0 1 - 0 2

2 0 0 2 - 0 3

2 0 0 3 - 0 4

2 0 0 4 - 0 5

2 0 0 5 - 0 6

2 0 0 6 - 0 7

2 0 0 7 - 0 8

2 0 0 8 - 0 9

2 0 0 9 - 1 0

2 0 1 0 - 1 1

R u p e e s

Gold Prices (Rs.) Silver Price (Rs)



8

E-Series- An Introduction



9

E-Gold & E-Silver

FEATURES GOLD SILVER

Contract Symbol E-Gold E-Silver

Trading Unit 1 gram 100 gram

Settlement T+2 T+2

Quality

Specifications

Grade 999 & Fitness

999

Grade 999 & Fitness

999Delivery

DenominationsMultiples of 8 gms & 10 gms Multiples of 100 gms & 1kg

Delivery Locations Delhi, Kolkata, Chennai, Hyderabad, Jaipur, Ahmedabad & Mumbai

E-GOLD & E-SILVER PRICES

1671 1749 1918 1897 1809 1929 1929 1988 2110

2701 28603017 2952 2922

3121 33613748

4410

1500

2500

3500

4500

5500

6500

7500

Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10

R u p e e s



10

0.00

50.00

100.00

150.00

200.00

250.00

300.00

350.00

400.00

Copper Price* (in Rs)

0.00

20.00

40.00

60.00

80.00

100.00120.00

140.00

160.00

Zinc Price* (in Rs)

E-Copper & E-Zinc

E-Zinc

• Contract Symbol : E-ZINC

• Trading unit:1 unit of E-Zinc, equivalent to 1Kg of Zinc

• Minimum Quantity You can Buy: 1kg

• Settlement :T+2

• Quality Specifications :Zinc ingots of 99.995% purity

conforming to BS EN 1179:2003

• Delivery Denominations: Multiples of 25 Kgs

E-Copper

• Contract Symbol : E-COPPER

• Trading unit:1 unit of E-Copper, which is equivalent to 1 kg of

Copper

• Minimum Quantity You can Buy: 1Kg

• Settlement :T+2

• Quality Specifications : LME Grade A

• Delivery Denominations: Multiples of 60 Kg



11

E-LEAD

E-Lead

• Contract Symbol : E-LEAD

• Trading unit:1 unit of E-Lead, equivalent to 1Kg of Lead

• Minimum Quantity You can Buy: 1kg

•

Settlement :T+2• Quality Specifications :Lead Ingots of 99.99% purity

• Delivery Denominations: Multiples of 24 Kg to 1MT 0.00

20.00

40.00

60.00

80.00

100.00

120.00

Lead Price* (in Rs)



12

Why E-Series ?



13

Parameter Jeweler Bank (bars / coins) Gold ETF NSEL E - GOLD

Purchase & sale Physical form Physical form Dematerialized form Dematerialized form

Pricing May differ from Jewelerto jeweler

May differ from Bank to Bank

Linked to Indian GoldPrices

Linked to Indian GoldPrices

Buying premium (above

Gold Price)Likely to be high Likely to be very High Likely to be low Low

Impurity risk May exist No Does not exist Does not exist

Annual recurring Expenses

(storage, insurance and

AMC)

High High High Low

Market timing 10 am - 7 pm 10 am - 5 pm 9 am - 3.30 pm 10 am -11.30 pm

Security of asset Investor responsible Investor responsibleTaken care of by Fund

House

Taken care of by

Exchange

Re – sale At substantial discount Banks do not buyback At transparent

secondary market prices

At transparent

secondary market

prices

Convenience of buying,

Storage and selling

Low-as physicalmovement & transfer

involved

Low-as physicalmovement & transfer

involved

High - totally demat High - totally demat

Delivery center Single Single Single Multiple

Product Comparison



14

•Unique opportunity:

o Buy & Accumulate

o Hold in DPo Liquidate

o Convert into physical

•Hassle free buying & selling

•Hassle free D-mat storage

•Opportunity of taking physical delivery

•Use your holding for commodity futures trading margin

•Flexible investment option

•High liquidity•Hold for a day or years

•No deduction while selling

•Asset diversification opportunity

•Milestone planning (Ex- Child Education, Marriage etc)

•Simple, Accessible and affordable

•Gold, Silver improve stability and predictability of portfolio returns

The E-Series Edge



15

How to go about it?



Getting Started

• Opening commodity spot (NSEL) A/c along with Demat

• Account opening charge of Rs 500 only

• Margin:

• Existing commodity futures margin can be used.

• Deposit your margin through cheque/ online transfer.

• Execution of your order through commodities dealer or your Diet ODIN.

• T+2 Settlement.

Features

• Trade & Investment start with 1 gram in Gold, 100 gram in Silver

• Trade & Invest anytime as market timings are 10 a.m. to 11.30 p.m.

• Invest on daily/weekly/ monthly basis as per your wish• Intra day trading and netting is permitted, but short selling is not allowed.

• Get Gold/Silver in physical form for nominal charges

• Hassle free entry & exit

Who can participate:

• Investors

• Accumulators

• Importers & Exporters• Large scale Producers

• Arbitrage Clients

• Speculators

16



17

*The above charges are as per exchange circular and are subjected to change as and when specified by the exchange and tax

authorities

Particulars Charges*

Brokerage 0.50% & 0.05%Service Tax on Brokerage 10.30%

Transaction Charges Rs 5 / lacs for intraday and Rs 10/Lacs for delivery

In Case of Physical Delivery Charges*

Making, packaging and refinery certification charges

Silver -Rs 200 per coin / bar up to 5 kg .

Nil for 30 kg bar

Gold - Rs 200 for each 8/10 gm. Rs 100 for each 100 gm.Nil for 1 kg bar

VAT / Sales Tax 1% Of Sale Value

C&F Charges (Clearing & Forwarding Charges) Not Applicable

Lifting ChargesRs 150 for Silver for every coin / bar

Rs 200 for Gold for every coin / bar

Applicable Charges – E-Gold & E-Silver



18

*The above charges are as per exchange circular and are subjected to change as and when specified by the exchange and tax

authorities

Particulars Charges*

Brokerage 0.50% & 0.05%

Service Tax on Brokerage 10.30%

Transaction Charges Rs 5 / lacs for intraday and Rs 10/Lacs for delivery

In Case of Physical Delivery Charges*

Un-packaging

Copper - Rs 250 for every 60 kg & Nil for 2.5 MT

Zinc – Rs 50 for every 25 kg & Nil for 1 MT

Lead –

Rs 50 for every 24 Kg and Nil for 1 MTVAT / Sales Tax 5% Of Sale Value

C&F Charges (Clearing & Forwarding Charges) Not Applicable

Lifting Charges

Copper - Rs 500 for every 60 kg lifting

Zinc – Rs 500 for every 25 kg lifting

Lead – Rs 500 for every 24 Kg lifting

Unpacking Charges Rs 50- Rs 250

Applicable Charges – E-Copper, E-Zinc & E-Lead



19

Product Unit Investment Range Investment Period *

Annualized

Return*- DailyMode

Annualized

Return*-Weekly Mode

Annualized

Return*-Fortnightly Mode

Annualized

Return*-Monthly Mode

E-Gold 1 gm Rs 2000-2500 275 days 13.32% 13.00% 13.28% 15.04%

E-Silver 100 gm Rs 4000-4500 275 days 54.26% 53.53% 54.54% 59.28%

E-Gold + E-

Silver1gm + 100 gm Rs 6000-7000 275 days 39.31% 38.75% 39.47% 43.37%

E-Gold + E-Silver

2gm + 100 gm Rs 9000-10000 275 days 39.31% 31.87% 32.46% 34.83%

E-Gold +E-Silver 1gm + 200 gm Rs 10000 - 12000 275 days 45.12% 44.49% 45.32% 46.62%

*-Price of 29th of Dec has been taken for return calculation

*-Investment period from 1st April 2010 to 29th Dec 2010

What do you Gain?



20

Thank You!!

e series product

Documents