Investment in Sovereign Gold Bonds (SGBs) went up sharply during COVID-impacted years as investors looked for safer options amid volatility in equity markets with 2020-21 and 2021-22 accounting for nearly 75 per cent of total sales of the bonds since the inception of the scheme in November 2015.
Mr. Deepak Jain, Chief Executive, TaxManager.in said that SGBs are one of the safest modes of investment which not only gives capital appreciation but also gives interest payment along with government guarantee.
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