Savings - Gold ETF - Q & A Forum

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deepa asked 8 years ago

Sir, I had taken a idbi gold etf during 2013 .Waited till 2017 since there was no raise in gold rate since then so I have switched to IDBI prudence fund during june 2017,now it is called IDBI hybrid equity fund regular plan growth.Shall I hold or do u suggest any other fund.

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Sreekanth Staff answered 8 years ago

Hi, May I know your investment objective(s) and investment time-frame for this investment? Kindly read : Gold, is it still the safest and risk-free investment?

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deepa answered 8 years ago

My objective is to get good returns time frame is 2 years.

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Sreekanth Staff answered 8 years ago

Hi, For a 2 year investment horizon, advisable not to invest in Equity oriented funds. You may consider Short term debt fund. Kindly read : List of Best Investment Options in India