News From Press Gold funds offer 27% in one year. Are you tempted to invest more?

Gold funds offer 27% in one year. Are you tempted to invest more?

Investment experts, including mutual fund managers, advisors and financial planners, believe that gold might shine bright for some more time.

ET Mar 3, 2020

Gold is shining once again. Faced with the uncertianites that are hovering around the world economy, the yellow metal is reaffirming its reputation as a safe haven and uself hedging tool. Indian gold funds, mutual funds that invest in gold, ETF, etc, have returned around 27% in the last one year, 11.93% in three years, and 8.56% in five years. Invesco India Gold Fund, the topper in the category, has given around 30% in the last one year.

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