Are you considering investing in gold this Diwali like every year? While it’s a great idea to create wealth on a day so auspicious and grand in its own way, you might want to think of the assets you want to pick. Do not lose sight of your goals and risk appetite in choosing your assets. You also need to keep an eye on the market to make such decisions.
This year, the equity and debt markets are extremely volatile due to macroeconomic factors such as increasing crude prices, rising interest rates, and the rupee falling against the US dollar. So, the focus remains on investment in assets that allow an attractive ROI by taking the least amount of risk. None other than an SIP in mutual funds give you the best of both worlds.
