anuragmukherjee28
Moderator
So, if we had bought a one-time SIP of ₹50,000 in gold mutual funds in the year 2018 and similarly had invested ₹50,000 in buying physical gold (basically, 5 years back).
Gold Mutual Funds (For this, we are considering the data of Axis Gold Direct Plan Growth)
Physical Gold
Gold Mutual Funds (For this, we are considering the data of Axis Gold Direct Plan Growth)
- 5-year return: 12.80% annualized
- Original invested amount: ₹50,000
- Total amount now: ₹91,309
- Net profit: ₹41,309
Physical Gold
- Price of gold (5 years back): ₹29,000 / 10 grams
- Total grams bought for ₹50,000: 50,000/29,000 = 1.8 grams (approx.)
- Current price of gold: ₹62,000
- Total price of the gold now: 62,000 x 1.8 grams = ₹111,600
- Net profit: ₹61,600 rupees