I would like to know whether it is advisable to invest in an exchange traded Gold fund at this point in time when the prices of gold have dipped considerably. If so, which AMC should I invest in?
It is not advisable to make Gold ETFs a prominent part of your portfolio investment. You may allocate 10 to 15 per cent of your total investment into these funds, while investing the rest in well rated equity diversified funds. Since all Gold ETFs offer similar returns, you may choose from any of the five existing funds. For further details on Gold ETFs, visit our website.