The National Spot Exchange Ltd (NSEL), which has launched e-series platform to invest in commodities, plans to launch 20 more commodities in metals and agriculture categories by this year end, a top official today said.

Agriculture products like black pepper, castor seed, menthol oil would be launched by August this year, Mr Anjani Sinha, Managing Director and CEO, NSEL said here.

Platinum, nickel, steel are among the new products in the metal category.

The e-series products in gold, silver, copper, zinc, among others had received encouraging response last year from the retail investors, he said.

E-gold, which has completed one year trading, has offered an annualised return of 23 per cent with the total turnover since launch recording Rs 10,843.12 crore as on March 15 with 2,55,191 trade between March 17, 2010 to March 15,2011.

E-silver and e-copper have given an annualised return of 99.4 per cent and 43.7 per cent respectively, Mr Sinha, here in connection with an investor awareness programme, said.

As there is no storage cost, e-gold and e-silver have emerged as the best instruments for small investors who would like to take advantage of the escalating prices in gold and silver. The maximum investment of gold is from south India, he said.

The NSEL has also tied up with Gitanjali Jewellers for conversion of e-gold into jewellery and similar tie ups can be expected with other reputed jewellery houses, he said.

The exchange with Rs 1000-1200 crore turnover per day is presently having 67,000 demat accounts. Of this, 6-7 per cent is from Kerala, he said.

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