Next Diwali, Silver wali? Silver ETF can become as popular as Gold ETF, says WintWealth’s Ajinkya Kulkarni
financialexpress.comNext Diwali, retail investors in India may have an option to further diversify their portfolio by including Silver ETFs digitally. The Securities and Exchange Board of India (SEBI) recently allowed mutual fund companies to introduce Silver ETFs. WintWealth co-founder Ajinkya Kulkarni feels that like Gold ETFs and Sovereign Gold Bonds (SGBs), silver ETFs can become a meaningful investment.
In an e-mail interaction with FE Online, Kulkarni said that though Gold-based investments have always been an investor favourite, Silver ETFs will help diversify and strengthen their asset allocation. Excerpts:
The recently approved silver-backed exchange-traded funds (ETFs) by SEBI will enable Indians to invest in silver digitally. For years, Indian markets
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