"Sovereign Gold Bond ,Series-V", 2021
Sovereign Gold Bond , Series-V , 2021 As we Know that we Indian people are fond of gold in the form of ornament. Domestic use of gold in India is highest among all other countries. Gold as an asset class gives a very good return in long term. If we will see its return in the last 10 years, It has given an average return of 8.8% per annum. If we keep it in our home there is the chance of being stolen .If we keep it in a bank locker we have to pay some charges. So what to do? Can Sovereign Gold Bond be a good option to invest in ? Benefits of investing in (Sovereign Gold Bond)SGB No purchase or annual cost We can purchase it online and can be held in demat form Gold linked return 2.5% interest per annum on investment. Can be bought minimum 1gm 0% capital gains tax on maturity Can be hedged against inflation Eligible as collateral for loans Rs50 discount per gram buying online Asset allocation to gold should be minimum 10% as re...