I have a saved up 10L and planning to invest in SGB in the upcoming window, will this be a good idea to put all the money in one shot in SGB
Putting all eggs in a single basket is never a good deal. Especially when gold is ATH.
Gold will never fall, so go for it.
It would have been better if you invested in last or last to last SGB. Currently Gold is peaking so don’t go all in, specially when Gold nears 80K INR. If you want to be Gold heavy, go split with Gold 30-35 percent, Debt, Contra or Flexi MF 10-15 % percent, Equity 40 percent and yes good old FD 10 percent. Some banks offering close to 9 percent rates now.
avg gold return per annum ~ 8-9 %
Two questions
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