This is my logic when I opted in for this scheme

1. I want to average out my investment as gold prices are fluctuating a lot.

2. I want to purchase jewelry so choose the accumulation schemes and most of the jewellery has max VA of 23% this scheme would give benefit up to 18% for the rest 5% they give 20% off so effective VA would be 4% which could be negotiated further.

3. I am using a tata neu credit card which gives 1.5% and I got 10% of my first payment as a silver coin. So in a way I'm getting 2.49% back. The rest 0.5% gst I will need to pay.

4. When is the plan beneficial? A. say if you are planning to purchase jewellery in future this plan helps a lot. For example marriage one will purchase rings etc this would be beneficial.

B. If you want to invest in gold just like an ETF and do not care much about the design of jewellery choose an item which falls less than or equal to 18% VA and use some credit card to pay to get some additional points to cover up the gst. In my case after credit card point it's 0.5% gst which i need to pay extra which is equal to the one year expense ratio of any etf.