Sorry Mr Buffett, your advice of index fund investing not best choice in India

Sorry Mr Buffett, your advice of index fund investing not best choice in India

NEW DELHI: Berkshire Hathaway Chairman Warren Buffett, admired across the globe not only by the analyst community but also retail investors, said investors should “stick with low-cost index funds.” This guru mantra might work for investors in the US or any other developed market, but may not be that effective in India, at least at the current stage of evolution of the Indian equity market, say market analysts. Buffett, widely considered one of the world’s best equity investors, said in his annual letter to shareholders that trillions of dollars are managed…

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Should you invest in current tranche of sovereign gold bonds?

Should you invest in current tranche of sovereign gold bonds?

Investment advisors say the bonds offer a good portfolio diversification option. They also offer the twin benefit of capital appreciation and regular returns, besides not having the risk of handling like physical gold. The 7th tranche of Sovereign Gold Bonds (SGBs) which is now open for subscription provides a good option for portfolio diversification coupled with an element of stability, say investment advisors. “We would advise investors to invest in SGBs, especially those who don’t have any exposure to gold as it will help in hedging their portfolio,” says Aasif…

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