Sovereign Gold Bonds Deliver 3x Returns in 5 Years, Investors Reap Massive Profits

• Sovereign Gold Bond (SGB) 2019–20 Series II investors can opt for premature redemption today, January 16, after completing 5 years.
• The RBI has set the premature redemption price at ₹14,092 per unit, a significant increase from the issue price of ₹3,393 per unit.
• Investors have gained over 315% solely from gold price appreciation, in addition to the 2.5% annual interest.
• An initial investment of ₹1 lakh in this SGB series would now yield over ₹4.1 lakh upon premature redemption, plus interest.
• SGBs offer an alternative to physical gold, providing fixed interest and capital gains, with tax benefits on redemption.

Why It Matters: SGBs prove to be a highly profitable investment, offering substantial returns and tax benefits for investors.