Known for providing stable and dependable returns on invested amounts, learn why fixed-income investments ought to be complemented with life insurance
The lack of tax incentive is a clear disadvantage of the RBI initiative
Money9 has exclusively listed out reasons why investors should consider investing in sovereign gold bond schemes.
Sovereign Gold Bond Scheme: It is priced at Rs 4,790 per gram; a discount of Rs 50 per gram will be offered if applied online.
The deposits are risk-free and suitable for investors looking for low-risk investments and a one-stop solution to facilitate their investment in G-Sec
RBI will not be charging any fee for managing or even opening the account
Cumulative demand of all types of gold in India is down by 246 tonnes in 2020, WGC data shows
The demand for gold bonds seems to be stemming as gold prices have shot up recently, say experts
He said SGB is one of the best options if an investor is looking to invest in the yellow metal
One can buy these gold bonds from scheduled commercial banks, except small finance banks and payment banks, Stock Holding Corporation of India, design