I want to invest in gold ETF for the long-term. How much should I allocate towards this investment? Which is the best gold ETF to invest in?
– Rajesh Menon
Gold is fast finding way into portfolios with up to 5 per cent allocation to achieve diversification and you can allocate the same. Gold ETFs are structured in a way that they generate exactly the same return. The NAVs of these funds move according to the market price of gold; less the expenses. All gold ETFs currently charge around one per cent as expenses. So you can choose an ETF that has the least expense.