But let us tell you that every investment option has risks and benefits. Based on their historical returns, they are conveyed for different investment periods. For example, highly unstable equity-linked products are usually not condemned for short-term investment. In this situation, one can opt for hybrid funds, debt instruments, or fixed deposits. Similarly, for a longer period, one can invest in equity or gold, as they are prone to high returns and can help spread the risk in the long investment periods.
If you are planning a 15 -year investment period, both gold and mutual funds SIPs can be suitable options. However, the final decision should be taken based on your risk -taking ability and financial goals. Let us understand how both sip and gold can be beneficial for monthly investment.
mutual funds
Duration: 15 years
SIP zodiac: Rs 5,000 monthly
Estimated return: 12%
Invested amount: Rs 9,00,000
Estimated return: Rs 16,22,879
Total Price: Rs 25,22,879
As seen, the returns of mutual funds seem more attractive over a period of 15 years, as they benefit from the expected high returns and compounding power. However, SIP plans are considered high-risk tools and returns are never guaranteed. While returns in gold are not fixed, it is considered safe than mutual funds. In any case, before making important investments, you should discuss your financial goals with the specialist.
