Sovereign Gold Bond Scheme

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:government_agency
gptkbp:benefit	capital gains tax exempt on redemption
gptkbp:collateral	can be used as collateral for loans
gptkbp:country	gptkb:India
gptkbp:denomination	grams of gold
gptkbp:exitOption	after 5 years
gptkbp:filingMethod	semi-annually
gptkbp:firstReleased	2015
gptkbp:form	gptkb:newspaper demat
https://www.w3.org/2000/01/rdf-schema#label	Sovereign Gold Bond Scheme
gptkbp:ISIN	assigned for each tranche
gptkbp:launched	gptkb:Government_of_India gptkb:Reserve_Bank_of_India
gptkbp:listedOn	gptkb:NSE BSE
gptkbp:lockInPeriod	5 years (early exit option)
gptkbp:mainInterest	2.5% per annum
gptkbp:maturation	8 years
gptkbp:minimumInvestment	gptkb:HUFs 1 gram trusts charitable institutions resident individuals 20 kg (trusts) 4 kg (individuals)
gptkbp:nominationFacility	available
gptkbp:purpose	reduce demand for physical gold mobilize savings
gptkbp:redemptionPrice	based on prevailing gold price
gptkbp:renewalPeriod	periodically announced tranches
gptkbp:riskFactor	no risk of handling physical gold
gptkbp:supportedBy	gptkb:Government_of_India
gptkbp:taxStatus	interest taxable as per IT Act
gptkbp:tenure	8 years
gptkbp:tradedOn	stock exchanges
gptkbp:transferability	transferable
gptkbp:bfsParent	gptkb:Ministry_of_Finance,_India gptkb:Sovereign_Gold_Bonds
gptkbp:bfsLayer	7