Need better ways to monetise $3 tn idle household gold: Kamath
Zerodha Co-founder Nithin Kamath has urged India to better utilise around $3 trillion worth of household gold sitting idle in lockers. "Meanwhile, equity investment fund companies that need capital to grow," he added. "We need better ways to financialise this gold beyond just gold loans," he said, sharing a chart comparing the annual returns of gold and the Nifty 500.