Kotak Mahindra Asset Management Company (KMAMC) has come up with a new option – Kotak Gold Silver Passive Fund of Funds (FoF). This NFO is open for subscription till October 20. This fund gives you exposure to both Gold and Silver, through Kotak Gold ETF and Kotak Silver ETF. This is a Passive FoF, which allocates dynamically based on in-house quantitative models, meaning you do not have the stress of manually rebalancing. Gold and Silver are considered excellent for portfolio diversification as they are less correlated with equities and each other. Have co-relation. Gold acts as a hedge against inflation and geopolitical risk, while the growth potential of silver is increasing due to industrial demand and limited supply. Historically, the 50:50 allocation has outperformed the Nifty 500 TRI.
Kotak Gold Silver Passive FoF: New way of investment. Money Live | Kotak Gold Silver Passive FoF: A New Way to Invest
