Investors in Sovereign Gold Bonds have got more than 110% returns in 5 years

Investors in Sovereign Gold Bonds have got more than 110% returns in 5 years

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New Delhi: If you invest in stock market and FD for bumper returns, then this news is useful for you. Today we are going to tell you about such an investment scheme, where investors’ money has doubled in the last five years. You can invest here instead of stock market and FD for bumper profits. However, even today, Fixed Deposit (FD) is the most preferred investment vehicle among common investors. This is because of the low risk and excellent returns on investment in FDs. When the RBI cut the repo rate during the Corona period, the banks reduced the interest rates on fixed deposits. After this many investors expressed their displeasure. There were a lot of senior citizens among them because their main source of income was FD. However, now banks are continuously increasing the interest rates of FD.

Multibagger Stock: Share reached from ₹ 12 to ₹ 106 directly, the money investors got bat-bat, got the return

Money doubled here in 5 years

The scheme we are talking about is Sovereign Gold Bond. In this, investors’ money has doubled in the last 5 years. You can invest in Sovereign Gold Bonds. The government has issued 66 tranches of Sovereign Gold Bonds in the last eight years. Since November 2015, investment in these has given an annual return of 13.7 per cent. Sovereign Gold Bond has given bumper returns to the investors in the last 8 years. In the first series in the financial year 2017-18, the RBI had fixed the gold rate at Rs 2,901 per gram. RBI has fixed the price of premature withdrawal of sovereign gold bonds for the financial year 2017-18 at Rs 6,115 per gram. In such a situation, the investors who had invested in Rs 2,901 will now get money at the rate of Rs 6,115 per gram. Investors have got 110% more returns in 5 years.

FD Interest Rates: Up to 9.6% interest is being received in this bank on FD, the money will be two and a half times the bumper return

Buy gold bonds like this

You can buy Sovereign Gold Bond from any government bank or Stock Holding Corporation of India Limited, Post Office. Sovereign Gold Bonds can also be bought from any of the recognized stock exchanges.

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