Top 7 Gold ETFs in 5 Years: Know what Rs 10,000 monthly SIP in each ETF has turned into
Thu Aug 22 2024
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.
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.
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.
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.
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.
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.
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.
Source: https://www.zeebiz.com/