Investors should allocate 5 to 10 percent of their money to gold.
Given the sectoral concentration risk, only investors with high risk appetite and a fair understanding of the sector should invest in these schemes.
Historically, these funds also hold some securities with slightly lower rating.
Health insurance policyholders get ‘rewarded’ in the form of cumulative bonus for not making claims
Gold FOFs do not require demat account but they charge higher than that of the underlying ETF.
You can now buy and renew COVID-19-specific policies until the end of this financial year.
Amidst the gloom cast by Covid-19 last year, healthcare mutual funds made a strong comeback.