Sovereign Gold Bond (SGB) Tranche 5

[Deepa Nittala]

Hi,

Please find attached the document released by Finmin on SGB. Those who believe in accumulating in gold as an alternative asset class for long term goals like children marriage ,etc , can go for this instead of deploying money in physical gold/coins.

With physical gold, you would have an advantage of purchasing smaller quantities at varying prices. That means, as and when prices fall , you are purchasing some quantity and keeping aside if you have a target quantity to be reached. But it associates also with risk of storage and holding physical gold and locker fees to be paid annually. 

This is just fyi

Regards

Deepa