New Delhi, March 11 -- Equities may generate better returns than gold over the next three years, according to a recent report by Edelweiss Mutual Fund.

The report highlighted that while gold tends to perform well during financial crises, equities thrive in times of economic growth.

It said "Given the current Sensex to-Gold Ratio, historical trends suggest that equities may outpace Gold in the next three years".

Historically, equities have outperformed gold over longer periods. The report noted that equities have consistently generated higher returns over five-year and ten-year horizons. Given the current Sensex-to-Gold ratio, historical trends suggest that equities are likely to take the lead in the coming years.

Gold and equities hav...