Sovereign Gold Bond (SGB) Calculator – Returns & Maturity Value

Sovereign Gold Bond (SGB)

A Sovereign Gold Bond (SGB) is a type of government-backed investment instrument that allows individuals to invest in gold. It is a paper-based investment that is denominated in grams of gold, and its value is linked to the price of gold. SGBs are issued by the Reserve Bank of India (RBI) on behalf of the Government of India.

Benefits of Investing in SGBs

Investing in SGBs offers several benefits, including:

• Sovereign guarantee: SGBs are backed by the Government of India, making them a safe and secure investment option.
• No storage worries: SGBs are paper-based investments, so you don't have to worry about storing physical gold.
• Tax benefits: SGBs are exempt from capital gains tax and wealth tax.
• Liquidity: SGBs can be easily sold or traded on the stock exchange.

SGB Calculator

The SGB Calculator is a tool that allows individuals to calculate the returns on their gold investment in Sovereign Gold Bonds (SGBs). It is a simple and user-friendly calculator that takes into account the amount of gold invested, the current price of gold, the interest rate offered by the SGB, and the tenure of the investment.
Using the SGB Calculator, individuals can easily determine the returns on their investment and make informed decisions about their gold investments. The calculator is a valuable tool for anyone looking to diversify their investment portfolio and earn returns on their gold holdings.

How to Use the SGB Calculator?

Using the SGB calculator is easy and straightforward. Here's a step-by-step guide:

• Select the SGB series: Select the SGB series that you want to invest in.
• Enter the amount of gold you want to invest: Enter the amount of gold you want to invest in grams i.e. units.
• Enter the tenure: Enter the tenure of the SGB in years.
• Enter the latest gold rate: Enter the latest gold rate in rupees per gram.
• Calculate: Click the "Calculate" button to get the returns on your investment.

Frequently Asked Questions (FAQs)

What is the minimum investment required for Sovereign Gold Bonds?

The minimum investment required for Sovereign Gold Bonds is 1 gram of gold.

What is the maximum investment limit for SGBs?

The maximum investment limit for SGBs is 4 kilograms of gold per individual.

Can I sell my SGBs before maturity?

Despite having a maturity period of 8 years, the Sovereign Gold Bond (SGB) offers the flexibility of premature redemption on coupon payment dates, starting from the 5th year after the issue date.

Are SGBs exempt from tax?

Holding SGBs until maturity provides a tax benefit, as they are exempt from long-term capital gains (LTCG) tax, allowing investors to enjoy tax-free returns on their investment.

How is SGB interest calculated?

SGB interest is calculated at 2.5% per annum on the issue price and paid semi-annually. You can calculate it instantly using this calculator.

How to check SGB current value?

SGB current value depends on the latest gold price and number of units held. Enter the latest gold rate above to calculate the current value, or use our SGB current value calculator.

Is SGB maturity value tax-free?

Yes, capital gains on SGB redemption at maturity are tax-free for individuals.

To understand how much your investment will be worth after 8 years, use our SGB maturity value calculator .