Is Reliance Gold Savings fund a good investment??

India
February 27, 2011 6:07am CST
My clients have been calling me all day throughout the last fortnight asking about the Reliance Gold Savings Fund. Yes, Prudent Asset Allocation will tell you that you should have a 5-10% Gold exposure depending on your profile and based on this, you should decide how much you should invest in Reliance Gold Savings Fund (or whether you should invest at all). Yes, I am sure that to have a Gold Exposure, then investing through SIPs in Reliance Gold Savings Fund is the BEST way to do it. But, but, the discussion point is, is Equity the BEST bet for the Long Term? How long will this Gold rally last? Do you think Gold will continue to outperform Equity in the coming future??
1 response
@ashok1 (225)
• India
27 Feb 11
Always mutual funds gives less returns than stocks.But mutual funds are less risky.If you want high returns we have to turn to stocks.High risk high returns.Systematic investments in stocks are advisable strategy in stocks.
• India
27 Feb 11
Wow, Ashok, that news to me. Then, how come Mutual Funds have given more return than the Senses or the Nifty?? Come one, get your facts right before commenting on mutual funds.