Planning to invest in gold this Diwali? Radhika Gupta, Lakshmi Iyer and 6 experts weigh in
1/9
Planning to add gold in your portfolio this Diwali?
Are you planning to add gold to your portfolio this Diwali? Here is what these eight fund managers say about buying at current levels, as reported by ETWealth.
2/9
Nilesh Shah, MD, Kotak Mahindra AMC
Gold has no yield and no intrinsic fundamental value in the usual sense; it depends on someone else being willing to buy at a higher price. Keep it as a limited percentage of the portfolio (10-20%).
3/9
Lakshmi Iyer, MD & CEO, Bajaj Alts
Gold has already added plenty of festive sparkle, but I would still keep it in the Diwali portfolio. Some near-term consolidation is possible, yet gold remains a valuable diversifier.
4/9
Radhika Gupta, MD & CEO, Edelweiss MF
Gold continues to play an important role as a hedge during periods of geopolitical and macroeconomic uncertainty. However, investors should view it as a portfolio diversifier and build exposure gradually as part of their asset allocation, rather than chasing recent gains.
5/9
Vinit Sambre, Executive Director and Head of Equities, DSP Mutual Fund
Gold’s sharp rise calls for caution. Maintain strategic allocation within a diversified portfolio.
6/9
Bhalchandra Shinde, Fund Manager, Motilal Oswal Mutual Fund
Gold’s real value lies in diversification, not endless price appreciation.
7/9
Cheenu Gupta, Senior VP & Fund Manager Equities, HSBC Mutual Fund
Gold can help diversify risk and provide resilience during periods of uncertainty, making it a useful long-term portfolio ingredient.
8/9
Aditya Khemani, Head of Equities, Invesco Mutual Fund
A modest allocation to gold can help diversify risk, hedge geopolitical uncertainty, and improve portfolio resilience.
9/9
Samir Arora, Founder & Fund Manager, Helios Capital
Yes. Gold is a hedge, and investors can own up to 10% of their portfolio.