The gold loan industry is growing around 12-15 per cent and MPG has grown around 16 per cent in 2018-19.
The company’s overall growth last year was between 25-30% with the gold loan sector.
Total jewellery demand in India for 2018 was also down by 1% at 598 tonnes as compared to 601.9 tonnes in 2017.
Each category of mutual fund is suited for a particular purpose based on the investor’s risk profile
Both the options have advantages depending on the convenience that an investor seeks
Six months is too short a period to consider investing in gold
Investing in gold is advisable only once you have a fully diversified portfolio