BasisPointInsight.com - Gold in Equity Funds Risks Expanding India’s Import Burden by R. Gurumurthy Allowing equity mutual funds to invest in gold may aid diversification, yet in an import-dependent economy, it could quietly expand demand and pressure the external balance. by R. Gurumurthy, BasisPoi...

3/3 The question is not whether gold belongs in portfolios.
It is whether expanding institutional avenues for gold demand aligns with India’s external stability.

Read R Gurumurthy’s column for BasisPoint: Gold in Equity Funds Risks Expanding India’s Import Burden

#ExternalBalance #CapitalFlows