RBI: SGB 2019-20 Series-I yields massive 210% return; ₹3,119 now ₹12,801.

• Sovereign Gold Bond (SGB) 2019-20 Series-I investors have seen significant returns.
• RBI announced a premature redemption price of ₹12,801 per unit for the SGB 2019-20 Series-I.
• The issue price in 2019 was ₹3,119 per unit, resulting in over 210% return in 5.5 years, excluding 2.5% annual interest.
• An investment of ₹1 lakh in this series is now valued at approximately ₹4.09 lakh.
• SGBs have an 8-year tenure, but premature redemption is permitted after 5 years.

Why It Matters: SGBs offer high, safe returns, highlighting their potential as a smart investment.