Nilesh Shah Promotes Switching Savings from Gold to REITs
· Business · Moneycontrol
Nilesh Shah, Managing Director of Kotak Mahindra Asset Management, has suggested that investors consider reallocating their savings from physical gold into Real Estate Investment Trusts (REITs). Shah stated that REITs offer a more transparent and regulated avenue for real estate exposure compared to traditional gold investments. He noted that REITs provide regular income through dividends and potential capital appreciation, which may be more beneficial for long-term wealth creation. The recommendation comes as part of a broader discussion on diversifying investment portfolios beyond conventional assets like gold and bank deposits. The report does not specify a timeline for this suggested shift or provide details on specific REIT instruments.
Why it matters
This shift could impact how individual Indian investors allocate their savings, potentially moving capital from traditional physical assets into regulated financial instruments like REITs.
Read the original report — Moneycontrol
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