Gold vs Equity vs FD Calculator
What if you'd put your gold money into Nifty 50? Compare lump sum investments across gold, equity index funds, and fixed deposits — see gross returns, post-tax value, and inflation-adjusted real returns.
Equity wins
₹85.8L
Lump sum of ₹10,00,000 invested for 20 years. FD interest taxed at 30% slab rate. Gold & equity LTCG at 12.5%.
Equity wins after tax
₹85,81,131
Nifty 50 delivers highest post-tax value at 11.35% effective CAGR
Gold
Post-tax
₹71.8L
Gross
₹80.6L
Multiplier
8.1×
Equity (Nifty 50) (Best)
Post-tax
₹85.8L
Gross
₹96.5L
Multiplier
9.6×
Fixed Deposit
Post-tax
₹30.1L
Gross
₹38.7L
Multiplier
3.9×
Gold (Physical / ETF)
Equity (Nifty 50 Index Fund)
Fixed Deposit (FD)
Growth Comparison (Pre-Tax)
The Tax Trap
Gold: 8.1× your money in 20 years. LTCG at flat 12.5% (no exemption). Consider Sovereign Gold Bonds (SGBs) for tax-free maturity + 2.5% annual interest.
Equity (Nifty 50): 9.6× your money. Most tax-efficient — LTCG at 12.5% with ₹1.25L annual exemption. Market-linked risk but historically best long-term returns.
FD: 3.9× your money. But interest is taxed at your slab rate (30%). After tax and 6% inflation, you're actually losing 0.32% per year in real terms.
Note: Gold and equity returns are historical averages (20yr CAGR) and not guaranteed. FD rate is current SBI rate. Gold LTCG assumes holding >24 months (physical/digital) or >12 months (ETF). Equity LTCG assumes holding >12 months. Tax rates per Finance Act 2024 (effective 23 July 2024). This is a simplified comparison — actual returns depend on entry timing, market conditions, and individual tax situation.