Investment · 7 min read

Property vs FD vs Mutual Funds vs Gold — 15-Year Compare

Historic returns and volatility across five asset classes, with a real-world Kochi case study.

Over the last 15 years (2010-2025), Kochi luxury property has delivered ~9.5% CAGR (capital + rent, after costs). Nifty 50 total return: 11.8% CAGR. Gold: 9.9%. Fixed deposits: 6.5%. REITs (available in India from 2019): 8.6%.

But property has the lowest volatility, uses leverage (home loan magnifies IRR to 14-18%), and delivers utility (you can live in it, holiday there, or rent it). For NRIs, it's also an anchor to home.

Allocation guidance: for HNIs, real estate should be 25-35% of net worth. For NRIs with strong Indian ties, up to 40%.