Sovereign Gold Bonds

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf gptkb:financial_services_company
gptkbp:cannotBePurchasedBy gptkb:NRIs
foreign entities
gptkbp:collateral can be used as loan collateral
gptkbp:denomination grams of gold
gptkbp:discountForOnline Rs 50 per gram
gptkbp:earlyRedemption after 5 years
gptkbp:eligibility gptkb:Sovereign_Gold_Bond_Scheme
resident Indians only
gptkbp:filingMethod semi-annual
gptkbp:form demat
paper certificate
https://www.w3.org/2000/01/rdf-schema#label Sovereign Gold Bonds
gptkbp:introducedIn 2015
gptkbp:ISIN varies by tranche
gptkbp:issuedBy gptkb:Reserve_Bank_of_India
gptkbp:listedOn gptkb:NSE
BSE
gptkbp:lockInPeriod 5 years for early redemption
gptkbp:mainInterest 2.5% per annum
gptkbp:maturation 8 years
gptkbp:minimumInvestment gptkb:HUFs
universities
1 gram
trusts
charitable institutions
20 kg for trusts
4 kg for HUFs
4 kg for individuals
resident individuals
gptkbp:nominationFacility available
gptkbp:priceDetermination average closing price of gold of 999 purity
gptkbp:purchaseThrough gptkb:Stock_Holding_Corporation_of_India
banks
designated post offices
recognized stock exchanges
gptkbp:purpose provide alternative investment
reduce demand for physical gold
gptkbp:redemptionPrice based on prevailing gold price
gptkbp:renewalPeriod announced in tranches
gptkbp:repayment in Indian Rupees
gptkbp:riskFactor no risk of handling physical gold
gptkbp:subscriptionMode online
offline
gptkbp:supportedBy gptkb:Government_of_India
gptkbp:taxStatus capital gains tax exempt on redemption
interest taxable as per IT Act
gptkbp:tradedOn stock exchanges
gptkbp:transferability transferable
gptkbp:bfsParent gptkb:SEBI
gptkbp:bfsLayer 6