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G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Religare Easy Gold
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Section I:
Religare: Overview & Footprint in �nancial services
Section II:
Expansion: Seizing new opportunities
Section III:
Why Gold?
Section IV:
Product- Easy Gold
Table of Contents
Section I: a b c d
Religare: Overview & Footprintin financial services
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Religare’s presence in the financial services
International
Religare Finvest Ltd.
Lending
India Joint Venture
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
Religare Securities Ltd.
Brokerage
• Religare Commodities Ltd• Religare Bullion Ltd
Religare Asset Management
Asset Management
Religare Health Insurance
Health Insurance
India Subsidiaries
Section I: a b c d
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
The Journey so far….
Controlled growth in pan-India network
2,163
2,092
1,853
1,464
979
330 455 503 557 566Cities
No. of Locations
Employee strength* -steady and improving leadership depth
9,446
8,753
8,607
8,487
4,372
Mar 07 Mar 08 Mar 09 Mar 10 Sep 10Cities
(No.)
• Religare today offers a wide array of products and
services including broking, insurance, asset
management, lending solutions, investment banking
and wealth management.
• With close to a 9000 employee base across multiple
geographies, Religare serves over a million clients,
including corporate and institutions, high net worth
families and individuals, and retail investors.
Expanding portfolio
Broking & DepositoryServices
2002
Lending
Broking & DepositoryServices
2006
Life Insurance
Assect Management
Distribution
Lending
Broking & DepositoryServices
2008
Health Insurance
Global Asset Management
Alternate Investments
Investment Banking
Life Insurance
Assect Management
Distribution
Lending
Broking & DepositoryServices
2010
Section I: a b c d
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Religare’s footprint in the broking domain
3.9
3.6
3.5
3.4
Q2 FY10 Q3 FY10 Q4 FY10 Q1 FY11 Q2 FY11 Q2 FY10 Q3 FY10 Q4 FY10 Q1 FY11 Q2 FY11
Steady equity broking market share
Growth in distribution through franchisees
Religare’s Market Share Religare’s Market Share
* Source: NSE, BSE
• Growing market share in broking business
• Powerful Research & Analytics
• Pan India presence
• Dedicated Corporate Desk
• Dedicated Arbitrage Desk
• Nationwide presence in Mandi Locations
1,891
1,852
1,747
1,686
1,591
Q2 FY10 Q3 FY10 Q4 FY10 Q1 FY11 Q2 FY11
1,20
9
1,30
0
1,33
3
1,43
9
1,48
2
Franchaisees
4.9
4.5
4.4
Continue to be among the leading playersin the commodities segment
Own Branches419
413
414
386
382
Section I: a b c d
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Expansion:Seizing new opportunities
Section II: a b c
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Religare is building a leading emerging market �nancial services group, anchored in India and
underpinned by three secular trends
Our Road Map/Road Ahead
VISION“To be the leading emerging markets financial services group driven by innovation,
delivering superior value for all stakeholders globally”
Opportunity to unlock value in western asset
managers by creating a multi-boutique platform
providing access to alpha and capital in emerging markets
Global Asset Management Platform
Invdian growth story leading to
deepening of financial services and rapid
growth of profit pool
Integrated Indian Financial Services Play
The increasing weight and growing
integration of Emerging Markets
with the global economy
EM led Investment Bank
Section II: a b c
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Strategy is to create strong Global presence
USA
BRAZIL
UK
SOUTH AFRICA
DUBAI
INDIAJAPAN
HONG KONG
MALAYSIA
SINGAPOREINDONESIA
SRI LANKA
Section II: a b c
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Why Gold?
Section III: a b c
Gold is the safest investment option which guards againstmarket volatility and inflation
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Net Retail Investment (in Tonnes)
• “Gold is on track to rise to $1,650 an
ounce over the next 12 months (Nov 2011 ),
and could surpass that level”- analysts at
Goldman Sachs
• UBS has forecast gold price to touch USD
1,550 in 2011
Price trend in India250
200
150
100
50
0
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
200
150
100
50
0
-50 GOLD SENSEX BSE 500 BSE 200 BSE 100 BSE METL BSEMDCAP BSESMCAP
3 Year5 Year
1 Year
Source: WGC, NCDEX, RBI
Section III: a b c
0
5000
10000
15000
20000
25000
Gold Prices
1991-92 1995-96 1997-98 1999-00 2001-02 2003-04 2005-06 2007-08 2009-10 2011-12*
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
• Gold prices have been rising at a CAGR of 20.75% in India
• The country (India) currently has one of the highest saving
rates in the world; estimated at around 30% of total income,
of which 10% is invested in gold.
• Religare is venturing into Gold to capture this
opportunity which is largely fragmented.
• Extensive research done over major cities in India shows
that there is a need of a product:
• Which locks in the price of Gold.
• In addition to locking the price, gives the facility of part
payment in multiple modes.
• Avoids hassles of storing physical Gold
• When my both kids were born at that time we took
10-tola biscuit. Every year on birthdays we buy 10 gm
gold coin. – Respondent from Mumbai
• Sona such ka shringar hota hai, dukh ka aahar hota
hai.– Respondent from Delhi
• Gold is also a security; it is security for the family for
bad times – Respondent from Ahmedabad
• It is our custom in Muslims that putting min 40 to 50
sovereign to our daughters. If we put, we get 8soverign
of gold in return from bride groom side. – Respondent
from Chennai
What’s so great about Gold?
Financial Reasons Emotional Reasons
Section III: a b c
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Product-Easy Gold
Section IV: a b c d e
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Concept
• Purchase of physical Gold in monthly installments for delivery after 1 or 2 years
• The rate of gold is fixed at the time of entering into the contract with Religare
• The customer pays 15%+ of the Religare’s gold price as upfront, rest in equal installments
Flexibility offered
• Storage of Gold after maturity of plan:
• Free for 30 days after maturity of the scheme
• Warehouse charges minimum Rs 200 for 10g up to 3 months and multiples thereof
Payment options
• Monthly
Easy Gold
Section IV: a b c d e
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Product- 1 Year Plan
* Vat and Delivery Charges will be taken separately at the time of delivery
Section IV: a b c d e
10g and Multiples 10g and Multiples 50g and Multiples 100g and Multiples
Term of plan 12 months 12 months 12 months 12 months
Minimum quantity of sale 10g and multiples of 10g 10g and multiples of 10g 50g and multiples of 50g 100g and multiples of 100g
Quantity of Gold 10g 20g 50g 100g
Value of Gold 32,066 64,132 157,610 315,220
Delivery charges (last installment) 50 50 100 100
VAT (last installment) 321 642 1577 3153
Total Amount 32,437 64,824 159,287 318,473
Upfront Margin Amount* 4,500 9,000 22,500 45,000
1st Installment Amount 2,875 5,750 13,750 27,501
2nd to 10th Installment Amount 2,469 4,938 12,136 24,272
Last Installment Amount 2,470 4,940 12,136 24,271
Delivery (grams) 10g 20g 50g 100g
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Product- 2 Year Plan
* Vat and Delivery Charges will be taken separately at the time of delivery
Section IV: a b c d e
10g and Multiples 50g and Multiples 100g and Multiples
Term of plan 24 Months 24 Months 24 Months
Minimum quantity of sale 20g and multiples of 10g 50g and multiples of 50g 100g and multiples of 100g
Quantity of Gold 20g 50g 100g
Value of Gold 69,022 169,840 339,680
Delivery charges (last installment) 50 100 100
VAT (last installment) 691 1,699 3,397
Total Amount 69,763 171,639 343,177
Upfront Margin Amount 9,500 24,000 48,500
1st Installment Amount 3,614 8,270 16,039
2nd to 22nd Installment Amount 2,541 6,253 12,506
Last Installment Amount 2,547 6,257 12,515
Delivery at the end of 1 Yr (%): (Optional) * 40% 40% 40%
Delivery at the end of 2 Yr (%) 60% 60% 60%
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Charges Applicable
Particulars
Vault charges post scheme maturity/closure
Delay in payment up to 9 days
Delay in payment beyond 9 days
Prepayment Charges
Death
Cheque/ECS bounce charges
Part delivery charges
Delivery Charges
Exit from scheme
Charges Applicable
a. Free for 1st month, b. Rs 200/10g every quarter thereafter.
24%p.a of total installment value due
Termination of contract
5% penalty charges on remaining value
Difference between the sale price and the price of the Company on the day of
termination. The day of the termination
5% of remaining value of contract
Nominee will be eligible for refund of entire deposit amount after taking into considera-
tion market value of product.
Starts with Rs. 300/bounce and goes upto Rs. 500/- on subsequent bounces
As per the weight of the bar/coin and maximum up to 2% of the product delivered
Rs 50 for contracts up to 20g
Rs 100 for contracts greater than 20g
Within 3 months, forfeiture of entire amount
Beyond 3 months:
a. penalty of 5% on committed rate will be levied and �b. the difference between that
day’s �ashed rate and the committed rate will be collected in case the committed rate
is higher. No refund will be given in case the committed rate is lower.
Section IV: a b c d e
G o l d T o m o r r o w . A t T o d a y ’ s P r i c e .
Thank You