How gold, investment property, REITs and InvITs really earn, what they cost, how they are taxed, and how they compare with a liquid financial portfolio.
Many Indian households hold most of their wealth in gold and property. This module looks at these real assets as investments: the true cost of jewellery, coins and gold ETFs, the real return on a rented flat after every cost and tax, how REITs and InvITs pass rent and toll income to unit holders, and how to compare all of these with a liquid portfolio on return, liquidity and concentration. Buying a home to live in is covered in Goal Planning.
Builds on: Asset classes · Pairs with: Capital gains
Compare jewellery, coins, gold ETFs, gold funds and existing Sovereign Gold Bonds on what they cost to buy, hold and sell, how gains are taxed in 2026–27, and how much of the gold price each form actually leaves you.
Work out what a rented flat really earns: all-in purchase cost, net rental yield after vacancy and running costs, tax on rent and on sale, and a ten-year IRR tested against slow and flat price markets.
What you own in a REIT or small and medium REIT, the SEBI rules on assets, borrowing and payouts, how interest, dividend, rent and repayment of capital are taxed in 2026–27, and the risks the yield hides.
How infrastructure investment trusts work, the SEBI rules on payouts and borrowing, why a 13% yield from a road with 12 years left can mean a much lower return, how each payout component is taxed in 2026–27, and where concentration hides.
A Pune family compares buying a ₹80 lakh investment flat with keeping the money in a liquid portfolio: balance sheet before and after, ten-year post-tax outcomes, an emergency test, concentration and other ways to hold real assets.
Money n Wealth Academy is for education only and is not personalised investment, tax or insurance advice. Examples are illustrative. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Money n Wealth (Predics Fintech Services Pvt Ltd) is an AMFI-registered mutual fund distributor (ARN-121995) and APMI-registered PMS distributor (APRN07444).