Mutual funds offer indirect investment in gold and silver through ETFs, fund-of-funds, and multi-asset allocation funds. Investors can utilize SIPs and STPs for systematic investments. Tax implications vary based on holding periods, with long-term gains taxed at 12.5%. A ‘buy on dips’ strategy and limited portfolio exposure are recommended after recent rallies.
RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report
The Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely maintain