Investing in multi-asset fund with 10-15% in gold makes more sense and it is more tax efficient: PV Subramanyam
“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.”
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