00:00Sir, let's talk about some schemes.
00:01Recently, there was news that the government can stop the SGB, i.e. Sovereign Gold Bond Scheme.
00:06How right do you think this decision is?
00:09And what impact can it have on investors?
00:11If the Indian government takes this step, then we can say that there will be a setback for gold investors.
00:17Because the bonds of the Indian government are not only issued with the guarantee of the Indian government,
00:22but the capital gains there were kept by the Indian government tax-free.
00:27And the annual interest of 2.5% was also given to the investors.
00:32So, if the Indian government stops this scheme, then we can say that there will be bad news for investors.
00:40But if this scheme is stopped, then we have a lot of other results on investment.
00:45Small investors can invest in exchange-traded funds and accumulate small savings.
00:53They can invest through gold mutual funds.
00:56Or if they want to take physical delivery, they can open their Demat account on MCX and accumulate gold positions in small amounts.
01:07And when you save up to 10 grams or 100 grams there, you can get it in a physical form as well.
01:14But sir, what should investors who have invested in SGB do?
01:19We have learned about alternate options, but what advice would you like to give to those who have invested in SGB?
01:27No, you should not redeem at all. You should hold it until maturity.
01:31Because if you redeem early, then you will get capital gains tax on whatever gains you have.
01:37So, you should not redeem in that respect. You should hold it until maturity.
01:42In the future, there is a possibility of increasing prices here.
01:45Secondly, the gains on maturity will be capital gains tax-free.
01:49So, all the investors of SGB should stay in their investment.
01:53Absolutely, if you are invested in SGB and because there is news that the government can stop it, then you have to stay invested in it.
02:00Although, you can also invest in other options that Mr. Manoj has also told you.
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