SEBI is contemplating such a move given that higher-cost active schemes have underperformed, while lower-cost passive schemes have outperformed. But the jury is out on whether this will help.
You can invest in sovereign gold bonds during primary issuances by the RBI. The last such issue happened in March. Or, you can buy SGBs on the exchanges where they trade at a discount. But given the sharp rise in gold prices, Akshaya Tritiya 2023 is not the best time to invest in these bonds.
Hybrid schemes, with total Assets Under Management (AUM) of Rs 4.87 trillion, are the second-lowest open-ended mutual fund category after Solution Oriented Schemes. Compared to this, Growth/Equity Oriented Schemes commanded AUM of Rs 15.01 trillion as of February-end.
Investors should look at their asset allocation, and if there’s a need to buy more international funds, only then should they invest. Taxation shouldn’t be the only reason to invest, experts say