Answered on Mar 21, 2023

Question by Chandan - Feb 24, 2023

How I can plan my retirement plan

Ans: Hi for this kindly provide your current age retirement age, expenses per month, commitments in terms of expenses you got and your income

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Answered on Mar 21, 2023

Asked by Anonymous - Mar 10, 2023

Hi Sir, I am 48 years old and we are family of 4 . I don't have any liabilities. My current annual expenses are Rs.18 lacs per year. For childs education I have kept Rs.50 lacs separately. How much savings will be good for me to retire in next 2 years and what should be my asset allocation?

Ans: Asset allocation can be 50 50 at your retirement age of 50 in next 2 years, and for monthly expenses of 1.5 lacs after 2cyears u need to have corpus of 2 Crores approximately.

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Answered on Mar 21, 2023

Asked by Anonymous - Mar 18, 2023

GOOD EVENING SIR. I'M 42 YRS. I WANT TO CREATE A CORPUS OF 5 CRORES IN NEXT 12 YEARS. PRESENTLY I HAVE INVESTED 28 LAKHS IN MUTUAL FUNDS THROUGH SIP WITH CURRENT VALUATION AT 55 LAKHS. I'M INVESTING 55K PER MONTH DETAILS OF MONTHLY AMOUNT :- 1. HDFC TOP 100 - 2000 (SINCE JUN 10) 2. HDFC MID CAP OPPORTUNITIES DIRECT - 3000 (SINCE JAN 18) 3. HDFC MID CAP OPPORTUNITIES REGULAR - 7000 4. ICICI PRO- FOCUSED BLUE CHIP FUND - 5000 (SINCE JAN 14) 5. SBI BLUE CHIP FUND - 5000 (SINCE JAN 18) 6. HSBC MID CAP FUND - 5000 (SINCE JAN 19) 7. DSP FLEXI CAP - 5000 (SINCE JAN 20) 8. UTI NIFTY 50 - 5000 (SINCE JAN 22) 9. ADITYA BIRLA SUNLIFE FRONTLINE EQUITY - 3000 (SINCE JAN 14) 10. HDFC SENSEX FUND - 5000 (SINCE JAN 23)

Ans: Hi Good to see you are investing for a long time now but too many cooks spoil the party, same way you can exit Birla Frontline hdfc top 100 SBI bluechip funds and same for HSBC and dsp funds and and can add parag parikh flexi cap to your portfolio

Disclaimer me and my funds can have holdings in the suggested portfolio

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Answered on Mar 21, 2023

Question by Girish - Mar 19, 2023

Hi, I am investing 25,500 as a SIP in following MF schemes since 2017. 1. Franklin India Focused Fund - 5000 2. HDFC Hybrid Eqt Dir-G - 4000 3. ICICI Pru Eqt & Debt Dir-G - 4000 4. Kotak Flexicap Dir-G - 2500 5. Mirae Asset Emrgng Bluechip Dir - 7500 6. Mirae Asset Large Cap Dir-G - 2500 Please advise if I need to make any adjustments. I want to increase investments by around 50,000, should I increase SIP on these schemes?

Ans: Hi too many funds will not serve purpose of diversification. My suggestion is remove Franklin hdfc hybrid kotak flexi cap and add parag parikh flexi cap and and uti nifty 59 index fund

Disclaimer - its suggested portfolio and I and my clients can have holdings in them

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Answered on Mar 21, 2023

Question by Joshua - Mar 21, 2023

best mutual fund investment for 3 years duration

Ans: Hi for 3 years in current market scenario index find can help you grow money though good risk is there to get returns

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Answered on Mar 12, 2023

Question by ANIL - Feb 23, 2023

Thank you very much, Sir, for the kind replies. Here's a supplementary: How does one get to know which MF Scheme follows Value style of investing and which Growth? Your Ans: Ref of Q 1, you need to provide inputs as to what exactly you want to track by knowing the investment strategy of a fund. I need your good advice because I want to invest in the Value Oriented MFs instead of the Growth ones, because I learn the Growth oriented MFs are prone to sharp ups and downs. Do I learn correct? Do you get me aright? Regards.

Ans: Hi Anil, the value oriented mutual funds generally have word value in the scheme name and as the strategy suggests, these funds invest in stocks that are currently trading at a level lower than their intrinsic value

Whereas to understand growth oriented funds you can look for portfolio built of large mud small caps and generally names too will have large cap fund mud cap fund or snall cap fund multi cap fund flexi cap fund as the names

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Answered on Mar 02, 2023

Question by Deep - Jan 09, 2023

what is best investment plan at 30s?

Ans: Best investment plan at 30 for retirement goal at 50 will be SIP in mid cap and flexi cap funds and choosing a plan like Jeevan umang from LIC as a fixed guaranteed tax free income

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Answered on Mar 02, 2023

Question by Naz - Feb 27, 2023

Sir, I am inesting in MF (Index Fund) on SIP basis. I am worried about NSE's inclision of Adani Group Companies in NSE Index since hitting lower circuit every day and fundamental is not strong. Please suggest should I stop investing in MF for now? What are basic criteria of inclusion of stock in different NSE Indexes?

Ans: You have no control on individual stock picking in mf, be it actively or passively managed fund instead of worrying about one or two stocks, leave it to fund manager or rule based models to deal with the stock you worry about, they are better equipped to handle it, you may choose Sensex index fund or low visibility funds

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Answered on Feb 23, 2023

Question by Raj - Feb 11, 2023

I am 47 years old. I am investing 10k monthly via SIP. How much wealth can I expect in the next 10 years? Thank you

Ans: Hi with you sip of 10k for 10 years at assumed rate of 10% can give you 20.14 lacs

Kindly note rate of growth is assumed rate of growth considered only for calculations

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Answered on Feb 23, 2023

Question by ANIL - Feb 16, 2023

1. How does one get to know which MF Scheme follows Value style of investing and which Growth? 2. With 5 years horizon in mind which of these two schemes would be better to park spare funds in: HDFC Low Duration or Long Duration Debt Fund? 3. What's your take on PGIM Midcap fund in the 10 years plus horizon?

Ans: Hi in Ref of of Q 1, you need to provide inputs as to what exactly you want to track by knowing investment strategy of a fund,

For Q 2, for 5 years debt fund will not be a right option, but still if you need answer then I go with latter if hdfc fund

For Q 3
Yes its good to invest in it

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Answered on Feb 23, 2023

Question by Vic - Feb 20, 2023

i am 44now. how can I plan for retirement pension

Ans: Hi at this age planning for retirement can be done through typically with 2 products like differed pension plans of insurance companies, ex Jeevan umang from LIC and sips in midcap and snall cap funds, if you are planning retirement from 59.

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Answered on Feb 23, 2023

Question by Mahindra - Jan 10, 2023

I would like to invest my money in mutual fund, can i get the name of best mutual fund in Mumbai where i can trust them.

Ans: Hi, the best mutual fund as such can be defined only after understanding your Goals, risk taking ability, time left to reach your goals and capacity to invest

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Answered on Feb 15, 2023

Asked by Anonymous - Feb 07, 2023

Why is mutualfund investing better than saving and which funds are right for me?

Ans: Mutual Fund investing helps in diversification of risk and returns too. It is managed by experts and they have tools , rules based on techniques and know how to manage funds better and in an expert way. Mutual Funds are tax efficient too and hence they are score above Basic savings options.

The funds that are right for you can be suggested only after understanding you investment horizon risk taking capacity and Goals

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Answered on Feb 15, 2023

Question by Ambar - Feb 08, 2023

How to generate Max monthly income from a corpus of Rs 40 lacs.I am a Sr cotizen

Ans: Hello Mr Ambar , To get max monthly income you need to choose Mutual Funds. Doing a systematic withdrawal plan in a hybrid equity fund is recommended at roughly 9 % per annum so you can get 3.60 lacs per annum but you want max income then you can think about taking a bold step and choose 12% return but be ready to see negative capital in short term.

Disclaimer - Calculation is based on assumption and its not guaranteed.

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Answered on Feb 15, 2023

Question by Swapnil - Feb 13, 2023

Want to invest in a SIP for 2023 till next 3 years with high returns , Please suggest

Ans: Hi Swapnil for 3 years with high returns in mind remember its high risk high return portfolio you need to create.
So you can choose Canara Robeco Small Cap Fund Or HDFC Midcap Opportunities fund or Parag Parikh Flexi cap fund. Remember ideally you need to be ready see negative returns too as this is a small time frame you have.

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Answered on Feb 15, 2023

Question by Nitiksha - Feb 14, 2023

What is the risk of investing in Mutual Funds?

Ans: Hi Nitishka , Risk Can be defined as your response to tolerance level. So its subjective and what's risky for me many not be risky for you. So in Mutual Funds specially wherever you will see equity as a component, you will see that much part of the portfolio as RED or GREEN depending on equity market performance. But more te equity in the portfolio more is the possibility of good gains and vice versa. So All in all i can say when you are driving your car on the road you drive it with safety and not with the intention of meeting with an accident. So in mutual funds too risk is there in the form of equity to create possibility of better returns and fund house takes care as to not spoil the party by choosing wrong equity as they have their own set of rules to assess the stock selection.

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Answered on Feb 09, 2023

Question by Arij - Feb 06, 2023

Income Tax Senior citizen age limit

Ans: 60 years

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Answered on Feb 09, 2023

Question by Rashmi - Feb 06, 2023

After new Budget presentation confusion is going everywhere, why two types of regimes are being forced to to the tax payers? One regime should be proposed with all hopes of benefits to the tax payers?

Ans: Well I believe the logic behind 2 regimes is simple, there are a lot of people who sa e because of tax benefits and a lot of people who don't, so cater both, 2 regimes are needed.

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Answered on Feb 09, 2023

Question by Prabhash - Feb 08, 2023

Every month i transfer 30k to my friend account and my friend return it after 15 day. My salary is taxable.my question do i need the pay the tax on this amount which is 3.6 lac

Ans: Hi if you are giving him money by bank transfer and getting it back the same way, then it's loan given and loan repaid to you, entry gets closed. But in case there is some extra amount as interest received by you then only only interest is taxable

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Answered on Feb 05, 2023

Question by Arun - Feb 02, 2023

Doesn't this discourage younger generation from savings. As the new regime has no exemption on savings

Ans: Hi Mr.Arun, yes it does. old regime had compulsion for saving along with tax saving.
But we need to teach the Millennials that saving and along with it Investing is important for future and its the only thing that can be helpful in future which will work when active income stops.

Now I believe with new regime each investment product will be bought by investors based on its merits. One who knows importance of investing will do it any how irrespective of tax benefit clause.

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Answered on Feb 05, 2023

Question by kashyap - Feb 04, 2023

thankyou sir for your kind reply to the below question could you please suggest good mutual funds for SIP, I am 41 years old and my wife is 34 and we have 2 kids aged 5&10 respectively. i want to create corpus of 1.5 cr for retirement, 2 cr for child education require your valuable guidance on exactly which fund and how much in each fund i need to invest so that the objective can be fulfilled. in extension to your question retirement age 55 children's education investment horizon for a period of 12 years please suggest the name of the mid-cap funds and the amount to invest in it. it will be very helpful sir.

Ans: Hi Kashyap AM glad you liked my answer. Thank You.
well for 12 years a good mid cap fund can be chosen from Axis Midcap Fund and Nippon India Growth Fund. While you can make it all midcap fund investment for 12 years my suggestion allocate a good amount to parag parikh flexi cap fund too. So for 12 years if you want to reach to 2 cr the assuming returns of around 12 % per annum you need to invest Rs 65000 per month of which 40000 can go in mid cap and 25000 in flexi cap.

now for your retirement corpus of 1.5 cr after 14 years you can easily choose only one large cap fund which is Mirae asset Large cap fund and One small cap fund like axis small cap fund or canara robeco small cap fund

You need to save Rs 37000 at assumed rate of 12% for 14 years o reach to your retirement goal. Amts can be RS 17000 in small cap and Rs 20000 in large cap fund.

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Answered on Feb 05, 2023

Question by P - Feb 05, 2023

If someone chooses to opt for the new tax regime(ntr), other than the standard deduction of Rs.50000/-, is there any other expenditure, that would be exempt from tax.For example , expenditure on petrol, telephone, driver's salary etc.

Ans: Hi P
expenditure on petrol, telephone, driver's salary etc. are given by employers to employees of certain ranks or cadre and its given as REIMBURSEMENT so income received as NET income by employee has no such amount hence this REIMBURSEMENT has nothing to do with New or old tax regime

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Answered on Feb 05, 2023

Question by R - Feb 05, 2023

Sec 44ADA -applicable for the assessee choosing new tax regime?

Ans: Hi R , Its applicable only for the small professionals and not for all

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Answered on Feb 03, 2023

Question by Prajwal - Feb 03, 2023

My Salary is around 16 Lacs what would be best for me Should i go for new Regime or follow old Tax methods using 80 C

Ans: Hi Prajwal , In case you are able to exhaust fully the deductions available under sec 80 C and 80 D , Home loan principal and home loan interest and NPS then old regime suits you more but if there is no such tax saving done by you then at your salary new regime is best

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Answered on Feb 03, 2023

Question by Rohit - Feb 01, 2023

what has changed in old tax regime as i am under higher tax bracket

Ans: Nothing changed in old tax regime as of now

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Answered on Feb 03, 2023

Asked by Anonymous - Feb 02, 2023

Hemantji, What are the differences between money, finance, fund, capital, and wealth?

Ans: Basically to understand this understanding of assets is important. There are financial and non financial assets and to create both you need a common measure or vehicle of value known as money

So money can be defined as a matter of function four
A medium a measure a standard and a store

When this money gets used up to start and run business you call it as capital, when it's stored in its form either liquid or in bank it can be called as fund, when it's used to run any activity it becomes finance and lastly when it grows and gives u a feeling of achieving a good amount you can call it as wealth

Indeed very good question u asked

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Answered on Feb 03, 2023

Question by C - Feb 02, 2023

for whom, opting the new tax regime will be helpful. I am PSU Employee. Should I opt the same?

Ans: Hi C, without actually knowing exact income it's not possible to decide which can be good regime old or new, but roughly the range of income from 12 onwards and better 15 lacs onwards looks good for new regime to benefit more, is what I believe

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Answered on Feb 01, 2023

Asked by Anonymous - Feb 01, 2023

What happens to 80C and NPS benefit in the new tax regime? New tax regime : No income tax on income of 7 Lakhs. Old tax regime : No tax on income of 5 Lakhs + 1.5 Lakhs under 80C + 50K on NPS = 7 Lakhs

Ans: In New regime no exemptions were available, so 80 c and nps if done then tax benefits can be taken under old regime only

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Answered on Jan 31, 2023

Asked by Anonymous - Jan 31, 2023

Budget is only a vision document, so why all this hullabaloo over it? In all other countries it is treated as just another event, except India where we treat is as the holy grail. Why why why

Ans: Budget actually lays the foundation for the new financial year and it gives a clear idea on changes or updates on tax system and because of budget only our home budget too gets affected as some things of household use get costly and some things get cheaper.

This change and /or in tax system and new rules to be implemented affect a particular sector and the corporates in that sector too and hence their share prices go up and down.

Hence this day we see market being volatile and so there is a lot of talk , speculation about budget

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Answered on Jan 31, 2023

Question by Divya - Jan 30, 2023

Hi Mr Hemant I'm a salaried professional. Is this a good time to invest in real estate? I plan to take an 80 per cent loan to buy a flat. Kindly suggest if the decision is right

Ans: Hi Divya ,it depends on 2things , the Real estate you want to buy is for personal use or you want to buy as an investment. If you intend to buy it for personal use then if you like the project ,location and believe the price is good ,then go ahead and buy it. But if you want to buy as an investment then a lot of factors are to be seen. Today the situation is very different as far as rent is concerned specially after covid time. so getting a good rent may or may not be possible. Also the home loan interest rates are going up in accordance with repo rate hike.so consider that too.

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Answered on Jan 31, 2023

Question by JAIMOLE - Jan 30, 2023

Iam 65 years old .I want to invest Rs 5 lacs What is the safest investment for me

Ans: Hi At age 65 safest investment can be in 3 products , you can choose either

1) LIC jeevan akshay or LIC jeevan shanti to get income for life
2) Post Office Investments like KVP NSC term deposits
3) Bank FD done in any reputed bank

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Answered on Jan 30, 2023

Asked by Anonymous - Jan 30, 2023

How do I become a certified financial planner?

Ans: Hi to become a CFP you need to take certification from fpsb, there are many institutions in India offering CFP, you visit the websites of them to K ow procedure fees and qualification to be eligible also do Visit fpsb site

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Answered on Jan 27, 2023

Question by Dos - Jan 27, 2023

Have 35L as maturity proceeds to invest in 5L each lumpsum mode across these 7funds ...Sbi contra, kotak emerging midcap,sundaram balanced, hdfc focussed 30, quant large& midcap, pruicici equity & dept, birla sunlife tax96..idea being risk sharing across sectots and take 80c 1.5 l max benifi too with 70:30risk ability ...time horizon of 5+yrs...pls suggest

Ans: Hi it's really Good to know that you are thinking of diversifying risk and return while investing.

In your choice of funds I wish to change 3 funds

For tax saving choose parag parikh tax saver and

In large and mid cap category, you can choose Canara Robeco Emerging Equities Fund

In balanced advantage category you can choose hdfc balanced advantage or icici balanced advantage fund

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Answered on Jan 27, 2023

Question by Amitabh - Jan 27, 2023

What is best MF intermsnof ggod return and presently i am investingb24k and now wantbyo increase 20 k more.what mf should buy

Ans: Hi Amitabh, Good to know that already you are investing 24k via sip and want to add 20k to it. BUT you have not mentioned your Goals, Time you have to reach to your Goals and risk taking capacity, if I know these parameters I can give you better solution

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Answered on Jan 27, 2023

Question by nalin - Jan 27, 2023

I want to invest in the form of monthly investments to buy gold later on. What is the best way of doing it?

Ans: Hi Nalin, you have 2 options

Option 1 - you can invest in an FOF fund investing in Gold. In future when you want to buy physical Gold you can redeem your investment and buy Gold from proceeds. Thus, way you cs the encash the upswing I have Gold rates.

Option 2 - you can invest in an overnight fund and can reduce risk to almost zero and can grow it too to a certain extent. And whenever you want to buy Gold you can exit overnight fund and buy Gold from proceeds

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Answered on Jan 27, 2023

Asked by Anonymous - Jan 27, 2023

Hi, how many crores of corpus can be accumulated using MFs and any thumb rule on how much max we can go in one particular MF that is in my core portfolio. Thanks

Ans: Hi, there is no limit on amount of investment that you can save in mutual funds

Now as far as corpus is concerned, there too no cap is there, but how much depends on the scheme you choose, time period for which you invest and how much risk you take.

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Answered on Jan 27, 2023

Question by Santosh - Jan 26, 2023

My salary is 85k, take home is around 78k after tds deduction, my kids education is over like they are in 4th year of degree, this year there will be no educational fees, but i have some emi to be cleared which is not under taxation, small amount of rent, lic, and medical insurance total of under 2lacs per year, how do i save tax?

Ans: Hi Santosh kindly check following points

Check if sec 80 C benefit Is complete, means you are saving full Rs 1.5 lacs in insurance or tax saving mutual funds or tax saving bank deposits or ppf etc.

Check if Sec 80D benefit is complete, means that you are saving Rs 25000 for self n spouse n kids below 25 years and Rs 50000 for dependent senior citizen parents

Check if sec Sec 80 CCD(1B) is utilized full by investing in NPS, max Rs 50000

Wuth these 3 sections max tax saving can be done

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Answered on Jan 27, 2023

Question by Harish - Jan 25, 2023

Do you expect home loan rates to go down in the near future? Or do we expect more hikes this year? Thanks

Ans: Hi Harish, considering inflation around, Repo rates will be on a upward move for a while and then may remain at the sane level. But rate cut is not seen in near future. This is my belief. So home loan rates too will bahave exactly like Repo rate.

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Answered on Jan 27, 2023

Question by Sameer - Jan 26, 2023

Which mutual fund is better for investment...As for low income group which is minimum investment

Ans: Hi Sameer, a mutual fund investment depends on your Goal,time to reach the Goal and risk taking capacity. So scheme can't be selected just like that, kindly elaborate on above points so I can tell accordingly. Min investment in sip is Rs 100 per month and in lumsum mode it's Rs 500 in some schemes and Rs 1000 in almost all schemes

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Answered on Jan 27, 2023

Asked by Anonymous - Jan 26, 2023

Hemantji, How safe is it to save in mutual funds, especially for senior citizens?

Ans: Hi, mutual funds are subject to market risk but if you invest with proper study or with the help of an expert then risk management can be done efficiently and effectively. For senior citizens too good schemes which are giving decent returns with moderate risks are available

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Answered on Jan 23, 2023

Asked by Anonymous - Jan 20, 2023

Hi, I have dilemma related to Term Insurance. I am in early 30s and currently I do not have any loan or money related liabilities in life. So one really need to buy term insurance in life, even if they do not have any liabilities in life?

Ans: Hi, Term cover not only protects liabilities but it can be used as a value that represents Human Life Value ( HLV).
You are in your 30's and must be earning so know your HLV and buy the adequate cover accordingly.
Besides this buying early also results in lower premiums and longer tenure to protect life.

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Answered on Jan 23, 2023

Question by Agatha - Jan 22, 2023

Sir I want to gift a life insurance policy to my daughter. She is 33. Please advise. Thank you

Ans: Hi Agatha. A life insurance policy for 33 year old daughter can be bought keeping in mind premium paying capacity , no of years she wants to pay and at what stage of life she needs cash flow.
Also health status & underwriting and financial underwriting will paly a major role before finalizing the plan.
One plan i can suggest which can be best for retirement planning and that can LIC's Jeevan Umang

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Answered on Jan 18, 2023

Asked by Anonymous - Jan 17, 2023

Mutual funds are meant to simplify the job of investing for you. But ironically, the task of choosing the right funds can become overwhelming, given that you are faced with more than 2,500 fund schemes to choose from.

Ans: Exactly that's why you need RediffGuru.
You can ask your queries here and stay rest assured that answers will help in deciding which fund is better

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Answered on Jan 16, 2023

Asked by Anonymous - Jan 14, 2023

Sir, why is investing in NFO takes longer time to give returns while those available in open market starts giving returns faster?

Ans: Hi its not like that , you need to see that in NFO the shares bought are stakes offloaded by some investors in pre ipo stage or the shares bought are by the promoters who wish to raise the capital for expansion.so depending on thsi rise in share alue can be seen vis a vis to existing share

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Answered on Jan 12, 2023

Question by Reno - Jan 11, 2023

What is good debt instrument for: 1. Emergency fund 2. Short term fund (1-2 years)

Ans: Hi RenoFor emergency fund which i call it as contingency fund overnight funds like axis overnight fund , canara robeco overnight fund are goodfor a short term horizon of 1 to 2 years you can select axis treasury advantage fund or mirae asset cash management fund. But remember these funds come with credit risk so overnight fund can be used for 1 to 2years also if you wish to avoid credit risk

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Answered on Jan 09, 2023

Question by Ronjita - Jan 09, 2023

is PPF a good way to invest? What are the safest investment options?

Ans: PPF is good for risk averse investor looking for tax saving and safe and tax free returns.Its ideal for a beginner who has started earning and has taxable income.But it has a 15 years time frame for maturity.apart form this safe options are overnight debt funds, Government Bonds , Sovereign Gold Bonds and Postal investment schemes like National savings certificate

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Answered on Jan 09, 2023

Question by Vivek - Jan 09, 2023

Where do you see gold prices in next 1 year?

Ans: Hi Vivek , Considering the events happening around us I believe Gold to remain upbeat for next 18 months

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Answered on Jan 09, 2023

Question by Man - Jan 09, 2023

Hello Sir. I am quite new to investments in the share market. If i am looking for an investment period of 5 years which sectors would you recommend to invest in. Also for a new investor would you recommend that i start only with the well-known companies or can i try lesser known ones as well or what kind of mix (70:30 for eg) would you recommend. My aim is to have some disposable income for lifestyle needs while my investments in other avenues cover areas like retirement, health etc.

Ans: Hi Man ! for a new comer in equity market the best route to taste success is via Mutual Funds. For a 5 year horizon you can choose Flexi cap Portfolio where you get everything from mid to small to large caps. Sectors to be selected means choosing sectoral mutual funds which are high risk high rewards products. I believe Banking and IT sectors are good for 5 years. Ratio of investments can be 40% flexi cap and 60 % sectoral funds to meet lifestyle goals , though he entire portfolio will have tilt towards High Risk.

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Answered on Jan 09, 2023

Question by shailesh - Jan 09, 2023

What is the best option in money investment?

Ans: Hi Shailesh , the answer to your question is among fruits which is best ? In financial products each product has its own benefits - ex Bank FD is safe , guaranteed returns but returns taxable and vis a vis to this Equity Mutual Fund is Risky , Higher but not guaranteed returns and very very tax efficient compared to FD.So it depends on your Goals , time available and risk appetite that which is best product.

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Answered on Jan 06, 2023

Question by Reno - Jan 06, 2023

What is the best option in gold investment? Anything better than SGB?

Ans: Hi Reno, investing in Gold is simple and easy when done through Gold Exchange Traded FUND (ETF) or Fund of Fund (FOF) investing in Gold ETFApart from these two types of fund there are a niche category gold and silver combined FOF FUNDS

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