Double Your Money: SGB 2020-21 Series-IV Matures with ~100% Return
Great news for investors! The Sovereign Gold Bond (SGB) 2020-21 Series-IV, issued in July 2020, is reaching maturity on July 14, 2025, offering a remarkable return of nearly 100%.
Investors to Receive Almost Double Their Initial Investment
Investors who purchased the SGB 2020-21 Series-IV at the issuance price of Rs 4,852 per gram will receive Rs 9,688 per gram upon redemption. This translates to a near doubling of their initial investment in just five years.
SGB: A Secure and Profitable Investment
This impressive return highlights the potential of SGBs as a secure and profitable investment option. SGBs offer a unique combination of gold price appreciation and fixed interest, making them an attractive choice for investors seeking both stability and growth.