Sanjay Bembalkar, Head of Equities at Union Asset Management, advises investors to consider gold ETFs for safer, liquid portfolios without emotional ties. In light of geopolitical uncertainties and monetary changes, gold’s negative correlation with equities and debt makes it a valuable long-term strategic asset. Bembalkar suggests a 15-25% gold allocation for retail investors.
LIC’s smart money moves: Top 10 stocks it loaded up on in Q3
The third quarter ended December 2024 witnessed certain stake increases by LIC in multiple companies.