Satyug Mera Gold Plan (SMGP), an offering of the Shilpa Shetty Kundra venture – Satyug Gold Pvt. Ltd., has tied up with online investment platform, FundsIndia.com, to enable the online purchase of gold through the plan. SMGP, a systematic gold accumulation plan, enables customers to buy physical gold in small quantities on a monthly basis, for as low as Rs 50 per day. This gold plan is not just safe and secure, but is also backed by the IDBI Trusteeship Services Limited (ITSL), the safe keepers of the plan. All due diligence and back office for SMGP will be managed by Karvy Computers.
Sameer Patil, COO, SMGP, said, “FundsIndia.com is a renowned and credible web platform that specializes in the online sale of financial products. We saw an obvious synergy with them and it gives us great pleasure in taking our product onboard their platform. Now with FundsIndia.com, people can buy pure gold through SMGP, quickly and easily, in a safe online environment. The key features of our gold plan are unique, and we have our own consistent supply of the precious metal that is mined through our own refinery in India. This keeps our pricing very competitive.”
Speaking about this association, C.R. Chandrasekar, Co-founder and CEO, FundsIndia.com, stated, “We are pleased to be associated with Satyug Gold to enable the online sale of SMGP. Our strong online presence and technologically advanced platform spell affordability and convenience to all our customers. We believe Satyug Gold has created a great value investment product and we are excited with this association as it will help us maximize our array of quality investment products for our customers.”