The yellow metal has failed to beat the returns of equity. According to the latest data, in a 20-year period and 10-year period, Nifty has managed to outperform MCX gold returns. However in the last five years, gold has outperformed Nifty with a 16.21 percent against a 13.95 percent return, respectively! #SMC #SMCGlobal #MoneywiseBeWise #Gold #GoldInvestment #Investment #Trading #DalalStreet #MutualFund #Sensex #Nifty50 #NSE #BSE #StockMarketIndia #SMC #SMCGlobal #MoneywiseBeWise #Gold #GoldInvestment #Investment #Trading #DalalStreet #MutualFund #Sensex #Nifty50 #NSE #BSE #StockMarketIndia
👉The valuation of SGBs is determined by the average closing price of 999 purity gold over the preceding three working days before the subscription period. 👉2.5% interest is annually, interest is paid semi-annually 1.25% each 👉If the SGBs are retained until maturity (8 years), the ultimate redemption amount qualifies for exemption from capital gains tax. Follow us for more informative videos! #SMC #smcgroup #SovereignGoldBonds #Investment #Gold #CapitalGainsTax #InterestIncome #FinancialPlanning #TaxExemption #WealthManagement #Savings #InvestingTips #SGBs #GoldInvestment #TaxBenefits #SmartInvesting #SMC #smcgroup #SovereignGoldBonds #Investment #Gold #CapitalGainsTax #InterestIncome #FinancialPlanning #TaxExemption #WealthManagement #Savings #InvestingTips #SGBs #GoldInvestment #TaxBenefits #SmartInvesting