1 / 5

Sovereign Gold Bonds_

The Indian Government launched the Sovereign gold <br>bond scheme in November 2015 through the Reserve <br>Bank of India as a part of the Gold Monetisation Scheme <br>for the investors.

Golddy
Download Presentation

Sovereign Gold Bonds_

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SovereignGoldBonds

  2. IsSovereigngoldbonds rightinvestmentoptionforyou TheIndianGovernmentlaunchedtheSovereigngold bond scheme in November 2015 through the Reserve Bank of India as a part of the Gold Monetisation Scheme for the investors. These government bonds are denominated in grams of gold, and the investor can investinthemasareplacementforkeeping physical gold.Sovereigngoldbondsareissuedattheirface value andredeemedwhentheyexpireincash. AboutUs CharacteristicsofSovereignGold Bonds • ThesebondsareissuedbytheRBI,onbehalfofthe IndianGovernment. • Theyaredenominatedingramsofgold,startingwith1 gram. 2

  3. option to exit from the bonds in the 5th, 6th, and 7th years. • Anindividual investor and the Hindu United Families can subscribe for up to 4 kgs of gold respectively, and trusts and such entities can subscribe for up to 20 kgs of goldtoinvestinsovereigngoldbonds. • Theissuingpriceofthesovereigngoldbondis calculated from the simple average of the closing price of the last three working days for the 999 purity gold in the weekbeforethesubscriptionperiod. • These bonds are tradable on the stock market within a fortnightoftheirissuance. • The KYC norms for sovereign gold bonds are the same asthe KYCrequired forbuying physical gold.These documentsinvolvethe usual IDproof,Address proof, andmostimportantly,thebuyer’sPANnumber. 2

  4. Advantagesofinvesting inSovereignGoldBondsinIndia • Thecapitalappreciationofthesebondsisdirectly linked to the gold prices. Investors get profited from the increaseingoldprices withouthavingtoinvestin physicalgold. • SovereignGold Bonds offer an additional interest of 2.50%perannum,usuallypayablesemi-annually. • Unlike physical gold, you need not worry about the risk of getting stolen or lost, thus eliminating the cost of storing theminlockers,etc.,likephysicalgold. • Sovereigngold bonds are free from additional costs like making charges and impurities that are a part of physicalgold. • Ifthe investorholds these bondstillmaturity, these bondsareexemptedfromthecapitalgaintax.

  5. Youcanusesovereigngoldbondsascollateralforloansaswellandtheloan-to-value(LTV)ratioisthe same as theordinarygoldloan. • AFinalWord • Buyingsovereigngoldbondsisa convenient wayofbuyinggold,withouthavingtodealwiththeexpensesand risks involved in keeping physical gold. Also, you can buy these bonds with as little as 1 gram of gold value, making thempocket-friendlyforinvestorswhodonothavea hugeinvestmentbudget. • In case you are wondering where you can buy sovereign gold bonds, the most convenient and quick method of buying sovereign gold bonds is buying them online. To buy sovereign gold bonds online, you can visit trusted online bond platforms like BondsIndia, which offer you all the updated information regarding various kinds of bonds and offer you detailed analysis on them, to help you make informed decisions. To get a deeper knowledgeaboutSovereigngoldbondsandinvestinthem,clickhere.

More Related