UTI Gold ETF has given significantly higher return than UTI contra or any other equity diversified scheme. Return in UTI Gold in last one year was 42 per cent approx whereas UTI contra return was -2.32 per cent (negative). This was primarily due to rising gold prices internationally in last one year. However in long run say in 5-7 years, return in diversified equity fund may outperform gold fund.
It is advisable to put 50 per cent in any Gold Fund and remaining 50 per cent in a good diversified equity fund
It is advisable to put 50 per cent in any Gold Fund and remaining 50 per cent in a good diversified equity fund
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