• Household asset allocation: Total Indian household savings stand at 1,635 lakh crore, with 28% (around 4 crore crores) held in gold compared to just 3.5% in combined direct equity and equity mutual funds.
• Gold investment behavior: Recency bias drove 81,828 crores of net ETF inflows heavily toward market peaks, whereas a disciplined, staggered investment strategy over 24 months would have yielded 52,000 crores instead of the realized 19,132 crores.
• Portfolio rebalancing strategy: Investors and HNIs are advised to book profits by trimming 3% to 5% of their gold holdings to rebalance capital back into equities after massive gold price run-ups.
• Equity performance outlook: Historical trends show Nifty has not posted consecutive negative financial years this century, signaling a high likelihood of median-plus equity returns following its March closing level of 22,313.