Is it good to invest in Reliance Gold Saving Fund, by SIP every month for around 10 years?
- Deep Bandhu
It is never a bad time to invest as long as you are aware of what your investments are for. Reliance Gold Saving Fund is a new fund offer and is a good option to consider investing in. However, you need to understand the benefits of investing in gold. Ideally, up to 5% allocation to gold in a portfolio is desired, but this is best practised after you have achieved optimum asset allocation across other asset classes. This fund offers convenience to investors and should not be the only basis of starting an investment.