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Zerodha CEO Nithin Kamath: Since the year 2000 Gold has generated higher returns than Nifty; Gold has been kind to investors in India and has provided some ...

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Zerodha CEO Nithin Kamath recently took to microblogging platform X (formerly Twitter) to highlight that gold has outperformed the Nifty 50 in returns since 2000. In the post, Kamath also underscored the increasing significance of Gold exchange-traded funds (ETFs), especially after the government's decision to halt Sovereign Gold Bond (SGB) issuance. With SGBs no longer available, he pointed out that Gold ETFs could be the best way for Indian investors to gain exposure to the precious metal.

The latest surge in gold prices has further strengthened its appeal. With markets facing global uncertainties and inflationary pressures, many investors are turning to gold as a hedge. Kamath noted that the introduction of Zerodha AMC’s GOLDCASE ETF comes at an opportune time, aligning with the growing demand for accessible gold investments.

“We couldn't time the launch of the GOLDCASE, @ZerodhaAMC's Gold ETF any better😬 First, gold prices started shooting up and then the stopping of sovereign gold bonds (SGBs). Now that SGB issuance has stopped, Gold ETFs are probably the best way to get exposure to gold”, he wrote.

Gold has long been considered a safe-haven asset, providing portfolio diversification, especially during economic uncertainty. While its price movements remain unpredictable, Kamath noted that gold has been “kind to Indian investors” over the years.



Here’s what Zerodha CEO Nithin Kamath wrote on XKamath wrote:

I'm cherry-picking the date, but it's kinda crazy that since 2000 gold seems to have generated higher returns than Nifty.


We couldn't time the launch of the GOLDCASE, @ZerodhaAMC's Gold ETF any better😬 First, gold prices started shooting up and then the stopping of sovereign gold bonds (SGBs). Now that SGB issuance has stopped, Gold ETFs are probably the best way to get exposure to gold.


Gold has been kind to Indian investors and has provided some diversification benefit. Nobody can explain what makes gold prices move, but it seems to work.

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