Gold is all that Glitters

It has been reckoned 8212; and historically proved 8212; that gold acts as a valuable investment option in crisis times as it loses less in value compared with other paper options. To many investors buying physical gold appears a tedious affair so they invest in gold exchange traded funds ETFs.

The best of the worst

In equity schemes, the sectors which produced least negative returns in the last one year were FMCG and healthcare funds which have lost only 32.3 per cent and 31.6 per cent respectively. In the FMCG segment, Franklin FMCG-growth fund was the best performer in the last fortnight. The best schemes in technology and banking sectors were Franklin Infotech-growth scheme and Sahara Banking and Financial Services-growth scheme respectively.

Schemes 1-year returns

Gilt funds 9.86

Debt speciality 9.33

Equity FMCG -32.31

Gold ETF 16.99

Equity technology -52.64

Equity banking -47.26

Equity taxplanning -53.09

Equity pharma -31.63

Source: Valueresearch online