HDFC Mutual Fund recently implemented new investment limits on gold ETFs and related funds, a move intended to curb investors from purchasing gold following sharp price rallies. Market expert Feroze Azeez notes that investors often buy assets at peak valuations, which can lead to suboptimal returns. He recommends a strategic shift towards equities, which currently present a better risk-reward profile compared to gold, even amid ongoing global uncertainties. This development reflects broader discussions on asset allocation strategies within the Indian market, emphasizing the need for balanced investment approaches. HDFC Mutual Fund's new investment limits on gold ETFs and funds are sparking debate on investor behavior and asset allocation.