Madhusudhan ML’s Post

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Founder, Altcase | Previously MD & CEO, NSDL

Buying gold coins is not investing ❌ If you really want to invest in gold for diversification and growth, you need to look at financial instruments. ✅ Gold Mutual Funds (MFs) ✅ Gold ETFs (Exchange Traded Funds) ✅ Sovereign Gold Bonds (SGBs) Watch the video below to understand what will work better for your investment portfolio! PS - I didn't mention digital gold - the asset that most gold investment startups offer today - because it is unregulated. It carries risk, attracts GST and markup fee. In other words, it is neither safe or optimal for investing in gold. #investing #gold #mutualfunds

Ashok kumar Vishnoi

Yogi | Associate Director - Solutions Engineering (BFSI) @WebEngage | MarTech | Retention Marketing | SAAS | Consulting BFSI and Web3 clients with Marketing automation

3mo

Paying GST on digital gold is the worst investment and some players offer lower gold rate while selling which is often ignored by people investing Madhusudhan ML

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