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Even in the midst of the lockdown, the pockets of these people kept filling up with mutual funds.

Even in the midst of the lockdown, the pockets of these people kept filling up with mutual funds.

 Financial markets are in a state of turmoil amid the Koro epidemic crisis.  Whether it is an equity market or a mutual fund, investors' money has been wiped out in the last 3 months.  The poor performance of the market in 3 months has resulted in a negative return for the whole year.

 But there is also a category of mutual funds where investors have earned about 45 per cent in 1 year and 16 per cent in the last 3 months.  As for the gold mutual fund, it has taken full advantage of the rally in gold.  Slowdown in the global economy and increasing geopolitical tensions in some parts of the world have kept gold's luster intact.

 Gold returns topped the charts last year.  This year too, gold has continued to rise.  Gold has risen more than 16 per cent so far this year.  Heaven's investment in gold has increased in the wake of the Corona virus epidemic.

 On the last trading day, gold reached a life time high of Rs 47,342 per 10 grams.  Gold rallied in early 2020 amid rising tensions in the US and Iran in the Middle East.  Now the Corona crisis has intensified.  Gold mutual funds are currently the biggest beneficiaries.

 Return of Gold Fund in 1 year

 In the last one year, the return of gold funds has been the highest in all categories of mutual funds.  Funds involved in this segment have returned up to 46 per cent.

  •  Aditya Birla Sunlife Gold ETF: 46.74%
  •  Axix Gold ETF: 46%
  •  HDFC Gold ETF: 45.32%
  •  ICICI Gold ETF: 45.41%
  •  IDBI Gold ETF: 45.30%
  •  INVESCO India Gold ETF: 46.44%

 Gold bullish questions raised

 Experts are also talking about a rally in gold throughout the year.  Experts say economies are under pressure because of Kovid 19.  There is uncertainty about when the economy will get back on track.

 Central banks are also expecting a slowdown.  In such a scenario, gold will continue to rise and by Diwali, gold may also show a price of Rs 52,000 to Rs 53,000. Mutual fund investors can take advantage of this boom. Investors can invest 8% of their total investment in gold funds.

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