Sovereign Gold Bond (SGB) 2016-17 Series II has been announced and will be available for subscription from 1st Sep to 9th Sep'2016. The issue price of the Sovereign Gold Bond for this tranche has been fixed at by RBI at Rs.3150/- (Rupees Three Thousand one Hundred fifty only) per gram of gold.
The investors who had invested in the earlier tranches have gained approximately 17.36% (Tranche 1), 21.15% (Tranche 2) & 8.02% (Tranche III) respectively. Further, any capital gains arising from redemption during the buy-back window will be exempt from tax on capital gains.
Tranche No | Start Date | SGB Issue Price - IBJA (In INR) | Gold Price - IBJA (In INR)* | Absolute Amount (Gain/(Loss) | Absolute Return % | No of Days (Since Start Date) |
(Per Gram-999 Purity) | (Per Gram- 999 Purity) | (In INR) | ||||
2015 -16 - I | Nov'15 | 2,684 | 3,150 | 466 | 17.36% | 301 |
2015 -16 - II | Jan'16 | 2,600 | 3,150 | 550 | 21.15% | 234 |
2015 -16 - III | Mar'16 | 2,916 | 3,150 | 234 | 8.02% | 177 |
2016 - 17 -I | Jul'16 | 3,119 | 3,150 | 31 | 0.99% | 45 |
*price of current issue
Top 10 Tax Saving Mutual Funds to invest in India for 2016
Best 10 ELSS Mutual Funds in india for 2016
1. BNP Paribas Long Term Equity Fund
2. Axis Tax Saver Fund
3. Franklin India TaxShield
4. ICICI Prudential Long Term Equity Fund
5. IDFC Tax Advantage (ELSS) Fund
6. Birla Sun Life Tax Relief 96
7. DSP BlackRock Tax Saver Fund
8. Reliance Tax Saver (ELSS) Fund
9. Religare Tax Plan
10. Birla Sun Life Tax Plan
Invest in Best Performing 2016 Tax Saver Mutual Funds Online
For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call
------------------------------
Leave your comment with mail ID and we will answer them
OR
You can write to us at
PrajnaCapital [at] Gmail [dot] Com
OR
Leave a missed Call on 94 8300 8300
------------------------------
Posts
No comments:
Post a Comment