If you had bought just one Sovereign Gold Bond (SGB) in March 2020, then in 5 years your money would have increased by about 2.7 times. Yes! SGB 2019-20 Series X, which was priced ₹ 4,260 per unit, is now the RBI declared by RBI ₹ 10,905. That is, only price growth benefited you 156%. Not only this, this bond also received a guaranteed interest of 2.5% every year – ₹ 532.5 additional in 5 years. Overall, you made a net profit of ₹ 7,177.5 on a unit. This means total returns 168% – and that too without any risk or mahtan! Neither the making charge of jewelery, no fear of theft, nor a mess on tax, because the SGB does not even have a capital gains tax (if hold to maturity). Now think, if this money was in FD, it would have barely given a return of 30–35%. SGB did wonders – investment in gold has now become a more intelligent step.

