Capital gains arising from redemption of gold bonds is exempt from tax
The equity returns are best delivered over long term and a period of two years of low or even negative returns should not be a reason to change the asset class
Both gold and debt schemes are low risk investments as the targeted return over a longer period in both the asset classes is in proximity to inflation
I am 33 years old and I have invested about 70% of my savings in equity mutual funds. I have a high appetite for risk and my investment horizon is long term. 65% of my mutual funds are in small-cap funds and 35% in large-cap funds, which includes ELSS. My goal is to retire early. Should I reduce my MF investments from 70% to 50% as returns in the last two years have been around 5%?