VR Logo

Make Gold Goal-specific

Investing in a gold fund makes sense only when you have a specific goal in mind…

I invest Rs 3,000 per month via SIPs in HDFC Top 200,Reliance RSF Equity and Sundaram Select Focus; and Rs 6,000 via SIPs in HDFC Balanced, ICICI Prudential Discovery and SBI Gold. I want to know if there is a need to rebalance my portfolio. -Ajay Kumar

While you have chosen some good funds overall, you should have a very specific goal in mind for investing in the SBI Gold fund. This investment makes sense if you plan to exchange your investments in this fund with real gold over time. If you don’t have such an objective, gold fund investments should be avoided. You can keep investing in the rest of your portfolio.
Also remember to review your funds annually.

Post Your Query