4 Reasons to Invest in SGB Series 4 2023-24

Cost Advantage

Unlike jewellery's making charges (often reaching 25%) & the expense ratio & demat charges of gold ETFs (approx. 1%), SGBs have zero purchase cost.

Interest earned from SGBs is taxable but exempted from the TDS deductions. Additionally, if redeemed with RBI on maturity, the capital gains are exempted from tax.

Tax Advantage

Additional Interest Income

While gold price appreciation potential is attractive, SGBs offer guaranteed 2.5% annual interest, paid semi-annually, for a steady income stream.

No Making Charges or Storage Costs:

Unlike physical gold, SGBs do not involve making charges or storage costs as they are stored in a dematerialised form.

An Indian resident defined under FEMA 1999. HUF, trusts, universities and charitable institutions. Residents who turned NRI can hold SGB until maturity.

Eligibility Criteria

SGB Maximum Subscription Limits

Individuals and HUF: 4kg. Charitable institutions & trusts: 20 kg. The 4 kg limit applies only to the first applicant for joint investments.

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Earn 9 - 11% Fixed Returns

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