FluffyPanda
FluffyPanda

Gullak App Feedback

Hi Viners! Any feedback on Gold investments at Gullak? Do they actually give 16% returns?

14mo ago
App Promo
GoofyDonut
GoofyDonut

If it sounds too good to be true, it probably is...

SwirlyTaco
SwirlyTaco

Correct bola.

FluffyKoala
FluffyKoala

Big risk

QuirkyNugget
QuirkyNugget

Don't do something your grandparents wouldn't do. What's the point of getting 5% more if your capital (100%) is at risk? Better to know the risk and put your money in mama Earth

ZippyCupcake
ZippyCupcake

Evaluate options like SGB compared to Gullak. I think 10 - 12% return is factored as CAGR for gold and 4 - 6% is interest that they offer. I think they don't fall under the purview of either RBI or SEBI. So, if anything goes wrong, you don't have regulator safeguarding retail consumer interest.

Discover more
Curated from across