Investing in multi-asset fund with 10-15% in gold makes more sense and it is more tax efficient: PV Subramanyam
November 9th, 2023 16:27
“You are much better off with the Sovereign Gold Bonds if you have got an eight-year view and an ETF if you have got a three-year view. But yes you will end up paying more tax with ETF and less tax with SGB. Investing in multi-asset funds is another way because gold is a part of multi-asset funds and there you will pay less tax compared to an ETF.”
“You are much better off with the Sovereign Gold Bonds if you have got an eight-year view and an ETF if you have got a three-year view. But yes you will end up paying more tax with ETF and less tax with SGB. Investing in multi-asset funds is another way because gold is a part of multi-asset funds and there you will pay less tax compared to an ETF.”
