Gold and silver have delivered massive returns over the past 2 to 3 years. Particularly in the last one year, both precious metals have surged over 55%. In comparison, only a handful of equity mutual funds have managed to stay in the positive zone as the stock market went through high volatility, especially in early 2025.
As gold and silver outperformed other asset classes, many started praising these metals. These safe-haven assets are being called the true stars of 2025. Amid this rally in gold, silver and also cryptos, some netizens question the investment strategy that favour mutual funds over other investments. They are of the view that mutual funds failed to give investors exposure to such booming assets.
One such user on X (formerly Twitter) wrote, “Mutual funds have made the Indian retail investors miss the entire rally in gold, silver, cryptos, and artificial intelligence stocks in the last one year.”
But Edelweiss Mutual Fund’s MD and CEO Radhika Gupta didn’t let this go unchecked. She stepped in to clarify the facts and offered a calm, practical response.
‘Mutual funds already offer these options’, says Radhika Gupta
Responding to the claim, she explained that the mutual fund industry already offers a wide variety of investment choices — including gold, silver, global, and thematic funds.
She listed out the options available to investors: Gold and silver funds – Edelweiss had even launched a combo product in 2022, and other fund houses have offered such schemes for much longer.
US and global tech funds – These have existed even before COVID-19.
China, ASEAN, and Emerging Market funds – For those looking to invest beyond India.
Hybrid and multi-asset funds – These blend various asset classes like equity, debt, and gold.
Thematic funds – Including technology-based funds that track both Indian and global trends.
In an earlier post on October 8, she had shared that Edelweiss Mutual Fund launched Gold Silver FoF, a first-to-industry fund, three years ago. At that time, the past returns looked so poor that the team wondered how it would sell. “But we believed both in the asset class being undervalued and in the power of a simple 50:50 gold–silver combination.”
Gupta said that gold’s role as a safe haven is well understood. But central bank buying, macro uncertainty, and global ETF flows played strong catalysts. Silver, meanwhile, provided the kick in the combo, thanks to its dual identity as both an industrial and a precious metal.
“Investors often struggle with timing questions: how much gold, how much silver, and when to exit what? We’ve always liked the simplicity of 50:50: gold provides the stability of large caps, and silver the alpha of midcaps,” she said.