SGB Investors Celebrate: RBI Redeems 2017-18 Series XIV with Massive 387% Returns!

• RBI announces final redemption of Sovereign Gold Bond (SGB) 2017–18 Series XIV on January 1, 2026, completing its eight-year tenure.
• Investors receive Rs 13,486 per unit, a significant increase from the issue price of Rs 2,890 per gram in 2018.
• The SGB series delivered an impressive absolute return of approximately 367% from gold price appreciation, plus 2.5% annual interest, totaling around 387%.
• Capital gains on redemption are tax-free for individual investors, while the 2.5% annual interest income is taxable.
• The SGB scheme, launched in 2015, offers dual benefits of fixed interest and gold price appreciation, aiming to reduce physical gold imports.

Why It Matters: SGB 2017–18 Series XIV investors see huge tax-free gains, highlighting the scheme's success.