Gold ETF vs ELSS: Know how both investment instruments performed in 2018
The outflow razed the assets under management (AUMs) of gold funds by 11 per cent to Rs 4,385 crore at the end of November, from Rs 4,922 crore a year ago. Gold ETF trading has been tepid during the past five financial years.
Ideally, investors should look to allocate 5-10 per cent of the portfolio towards gold, which works as a portfolio hedge and helps reduce overall portfolio volatility. Reuters