Top 7 Gold ETFs in 5 Years: Know what Rs 10,000 monthly SIP in each ETF has turned into
Top 7 Gold ETFS: A gold ETF is a passive investment option that tracks the price of physical gold. Like many other ETFs, it can be traded in an exchange during market hours. One gold ETF unit is equal to 1 gramme of gold and is backed by physical gold of very high purity. You need a demat account to trade gold ETFs.
Top 7 gold ETFs in 5 years: When we don't want to buy physical gold and want to have it in digital, paper, or dematerialised form, we have a few investment options. Gold exchange traded fund (ETF) is one of them. A gold ETF is a passive investment option that tracks the price of physical gold. Like many other ETFs, it can be traded in an exchange during market hours. One gold ETF unit is equal to 1 gramme of gold and is backed by physical gold of very high purity. You need a demat account to trade gold ETFs. When you sell gold ETF, you don't get physical gold, but you get cash equivalent. Here is a list of the top 5 gold ETFs in 5 years. Know how each of them has given on the Rs 5 lakh investment.
LIC MF Gold Exchange Traded Fund
The gold ETF at the top has given 12.37 per cent annualised in 5 years. It has assets under management (AUM) of Rs 127.1 crore, while its net asset value (NAV) is Rs 6528.0936.
The minimum invesment in the ETD is Rs 10,000.
A Rs 10,000 monthly SIP in the ETF has given Rs 8,48,285 in 5 years.
Invesco India Gold Exchange Traded Fund
The ETF has given 12.31 per cent annualised return in 5 years.
It has an asset base of Rs 113.61 crore, while its NAV is Rs 6,339.5945. The minimum investment in it is Rs 5,000.
A Rs 10,000 monthly SIP in the ETF has grown to Rs 8,36,834 in 5 years.
Axis Gold ETF
The ETF has given 12.22 per cent annualised return in the 5-year time frame.
It has an asset base of Rs 915.62 crore, while its NAV is Rs 60.654.
The minimum investment in the ETF is Rs 5,000.
A Rs 10,000 monthly SIP in the ETF has turned into Rs 8,33,157.
Aditya Birla Sun Life Gold ETF
The ETF has given 12.18 per cent annualised return in 5 years.
It has AUM of Rs 769.51 crore, while its NAV is Rs 63.8258.
The minimum investment in the ETF is Rs 5,000.
A Rs 10,000 monthly SIP in the fund has converted into Rs 8,32,056.
Kotak Gold ETF
The gold ETF has given 12.12 per cent annualised return in the 5-year time frame.
It has AUM of Rs 4,025.86 crore, while its NAV is Rs 60.9113.
The ETF has Rs 100 as the minimum investment.
A Rs 10,000 monthly SIP in the ETF has grown to Rs 8,32,168 in 5 years.
SBI Gold ETF
The ETF from SBI Mutual Fund has given 12.07 per cent annualised return in 5 years.
It has an asset base of Rs 4,666.86 crore, while its NAV is Rs 62.1247.
The minimum investment in the ETF is Rs 5,000.
A Rs 10,000 monthly SIP in the ETF has grown to Rs 8,30,106.
HDFC Gold ETF
The ETF has given 12.06 per cent annualised returns in the 5-year period.
It has an asset base of Rs 5,075.77 crore, while its NAV is Rs 62.3708.
The minimum investment in the ETF is Rs 5,000.
A Rs 10,000 monthly SIP in the ETF has turned into Rs 8,34,079.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.