*Please consult your Tax consultant for Taxation purposes.
Sovereign Gold Bonds are issued by RBI on behalf of Govt. of India
| 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 |
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 |
| TT Web | IIFL Markets |
|---|---|
|
|
If you are not a client of IIFL Securities
Click here to open a Demat Account| 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.
For Frequently Asked Questions (FAQs) link issued by
RBI for more clarity, click here.
