Why invest in Sovereign Gold Bonds?

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Returns

Gold market value + 2.5%
interest per year
invest

Safety

Sovereign Gold guarantee
on principal & interest
invest

Liquidity

8 years tenure & exit options
in 5, 6 or 7 years
invest

Collateral

Accepted as collateral
against Secured Loans
invest

Indexation Benefit

Given on long term capital
gains at bond transfer
invest

Taxation Benefit

Exempt from capital gains
tax & TDS on interest

*Please consult your Tax consultant for Taxation purposes.
Sovereign Gold Bonds are issued by RBI on behalf of Govt. of India

Comparison among Sovereign
Gold Bonds, Physical Gold, ETF

SGB Physical Gold ETF
Sovereign Guarantee Yes No No
Fixed Regular income Yes through interest payment every six months Not available Not available
Capital Appreciation /Decline as per gold prices Yes Yes Yes
Annual Fund management fee Nil Nil Yes
Purity of gold High Not assured High
Storage Cost Nil High locker charges Nil
Making charges Nil High Nil
Full value for quantity held on selling Yes Not assured, deductions possible Yes
Tax Benefit No tax on capital gains on maturity Long term capital gains tax applicable Long term capital gains tax applicable
Indexation benefit if sold after 3 years Yes Yes Yes

Exhibit 1: Gold investment has historically protected against inflation

SGB average issue price has risen by 12% p.a. over FY16-21. Thus gold comfortably beats inflation while offering attractive capital gains! SGB gives 2.5% more.

SOVEREIGN GOLD BOND SCHEDULE

Bonds will be issued in six tranches from May 2021 to
September 2021 as per the following calendar

Sr. No. Tranche Date of Subscription Date of Issuance
1 2021-22 Series I May 17–21, 2021 May 25, 2021
2 2021-22 Series II May 24–28, 2021 June 01, 2021
3 2021-22 Series III May 31-June 04, 2021 June 08, 2021
4 2021-22 Series IV July 12-16, 2021 July 20, 2021
5 2021-22 Series V August 09-13, 2021 August 17, 2021
6 2021-22 Series VI August 30-September 03, 2021 September 07, 2021
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To Apply Online

TT Web IIFL Markets
  • Click here to open Trader Terminal (TT)
  • Log into TTWeb
  • Go to 'Markets' section & click on IPO/NFO/FPO/Bonds
  • Login to IIFL Markets
  • Go to ‘ IPO’ section and click on bonds section

If you are not a client of IIFL Securities,

Click here to open a Demat Account

Issuance of Sovereign Gold Bond Scheme2021-2022 (Series-IV) by RBI:

Security Symbol SGB212204
Series GB
Issue Price for Online Mode Rs. 4,757/- Per Gram (for applying online and payment in digital mode)
Issue Price for Other Mode Rs. 4,807/- Per Gram
Issue Period July 12, 2021 to July 16, 2021
Bidding Session Time 10.00 A.M. to 5.00 P.M.
Minimum Bid Quantity 1 (gram)
Maximum Bid Quantity 4,000 (grams) for Individual, HUF & 20,000 (grams) for Trust and similar entities notified by Govt.**

*If you apply through online mode you get a ` 50/- discount.
(*) The Maximum Limit subscribed per fiscal year (Apr-Mar) shall be notified by the Government from time to time.
Annual ceiling include bonds subscribed under different tranches during initial issuance by Government and those purchased from the secondary market.

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For Frequently Asked Questions (FAQs) link issued by
RBI for more clarity, click here.