Gold ETFs: 600% surge in monthly inflows to Rs 2,080 crore. Are you late to the party?
Gold ETFs experienced a significant surge in inflows, reaching Rs 2,080 crore in June, driven by geopolitical uncertainties, inflation concerns, and anticipated interest rate cuts. Experts suggest a balanced portfolio with limited gold exposure, favoring equity mutual funds for better returns. While gold serves as a safe-haven asset, it's considered less dependable for long-term wealth creation compared to equity.