Top gold ETF vs top large cap SIP mutual fund: Which has given higher return on Rs 20,000 monthly SIP in 5 years; get details
Top Gold ETF vs Top Large Cap SIP Mutual Fund in 5 Years: Gold ETF is a variety of mutual funds that invests in gold bullion and tracks the price of domestic gold. Large cap mutual funds have at least 85 per cent of their investments in large cap stocks.
Top gold ETF vs top large cap SIP mutual fund in 5 years: What are gold ETFs?
Investing in gold in its physical form is the traditional method. But what if you don't want to invest in its physical form but want to take advantage of its price appreciation? Such investors can invest in gold's electronic form, and the gold ETF (exchange-traded funds) is one such option. Gold ETF is a variety of mutual funds that invests in gold bullion and tracks the price of domestic gold.
What are gold ETFs?
As per Association of Mutual Funds in India, one gold ETF unit is equal to 1 gramme of gold and is backed by physical gold of very high purity.
Since these are ETFs, they can be traded on exchanges (bse, nse) like any other stock. You need to have a demat account to trade gold ETFs.
What are large cap mutual funds?
Large cap mutual funds have at least 85 per cent of their investments in large cap stocks, as per classification by Securities Exchange Board of India (Sebi). Large cap companies are the top 100 firms in terms of the highest market capitlisation.
What are large cap mutual funds?
Since large cap mutual funds are large cap stock-heavy, they are more stable than small cap and mid cap mutual funds. The large cap mutual fund category has given 43.55 per cent annualised SIP returns in 1 year, 17.22 per cent in 3 years, 20.06 per cent in 5 years, and 13.34 per cent in 10 years.
Top gold ETF in 5 years
The top gold ETF in terms of annualised SIP return is HDFC Gold Fund with 12.82 per cent return in the 5-year time frame. Its assets under management (AUM) are Rs 2,068 crore, while its net asset value (NAV) is Rs 23.02.
Top gold ETF in 5 years
Benchmarked against the domestic price of gold, the ETF has given 6.48 per cent annualised return (CAGR) since its inception in January 2013. The minimum SIP and lump sum investment in the ETF is Rs 105 each. The fund has an expense ratio of 0.18 per cent.
Top large cap mutual fund in 5 years
The top large cap mutual fund in terms of annualised SIP returns is Nippon India Large Cap Fund Direct-Growth. The fund has given 28.96 per cent annualised return in the 5-year period. It has AUM of Rs 31,801 crore, while its NAV is Rs 99.4.
Top large cap mutual fund in 5 years
Benchmarked against BSE 100 TRI, the fund has given 17.79 per cent annualised returns since its inception in January 2013. With an expense ratio of 0.68 per cent, the fund has Rs 1,000 as the minimum lump sum investment and Rs 500 as the minimum SIP investment.
Top gold ETF mutual fund vs top large cap mutual fund: Know value of Rs 20,000 monthly SIP in 5 years
A Rs 20,000 monthly SIP in Nippon India Large Cap Fund Direct-Growth has turned into Rs 24.45 lakh in 5 years.
Top gold ETF mutual fund vs top large cap mutual fund: Know value of Rs 20,000 monthly SIP in 5 years
A Rs 20,000 monthly SIP in HDFC Gold Fund has given a total of Rs 16.54 lakh in the 5-year period.