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The Sovereign Gold Bonds (SGB) 2018-19 Series-I investors will have a shot at scooping heavy returns. The Reserve Bank of India (RBI) has fixed the final redemption price as ₹14,901/unit of bonds that are dated May 4, 2026.

This was issued at 3,064 per unit, giving an absolute simple 386 percent (without considering the extra 2.5 percent per annum) interest. An investment of 1 lakh would be equivalent to 4.86 lakh at redemption.

The redemption price will be calculated using the average of the closing price of gold during the last three business days. In addition to the appreciation of capital, investors were also paid a semiannual interest on the investment period of 8 years. The difference in the value of capital on redemption is tax-exempt.

This performance shows that SGBs are among the most favorable choices for investing in gold in India, as they are a secure interest-accruing investment in addition to tax benefits. Those who buy these bonds will get back the sum of money by getting it directly in their accounts.