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SGB ka structure, tenure, aur physical gold se uske antar
Published by The Retail Trader · JUL 30, 2026 · AIF, PE & Alternates
SGB ek government security hai jiski value gold ke bhaav se judi hoti hai. Aapke paas gold nahi hota, par aapka return gold ke hisaab se chalta hai — aur uske upar ek chhota interest bhi milta hai.
Issue price gold ke prevailing price se link hota hai. Maturity par aapko us waqt ke gold price ke hisaab se paisa milta hai, aur beech mein ek fixed rate par interest.
Kyunki ye physical gold nahi hai, isme making charges, purity ka sawaal aur locker ka kharcha kuch nahi hota.
SGB ke apne constraints hain:
• Iska tenure lamba hota hai, aur early exit ke apne windows hote hain.
• Exchange par trade hone ke bawajood liquidity aksar patli hoti hai.
• Secondary market mein bhaav issue price se alag ho sakta hai.
• Interest par tax treatment aur maturity par treatment alag hote hain.
Gold portfolio mein ek diversifier hai, ek growth engine nahi. Uska kaam un daur mein kaam aana hai jab equity kaam nahi kar rahi — isliye uska allocation pehle se tay hona chahiye, uske recent return dekh kar nahi.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.