The premier fixed income investment platform, announces the release of SGBson its platform
FinTech BizNews Service
Mumbai, November 9, 2023: Aspero, India’s premier fixed income investment platform, announces the release of Sovereign Gold Bonds (SGBs) on its platform, just in time for the auspicious occasion of Dhanteras and the festive season of Diwali. As Dhanteras approaches, the decision to invest in gold carries substantial weight. Sovereign Gold Bond Schemes stand out as a compelling choice for investors seeking tax efficiency, high safety, and capital appreciation potential. With the added advantage of a sovereign guarantee and no expense in management, SGBs offer a robust investment avenue. Aspero is a SEBI-registered OBPP that offers an easy-to-use, fast, and secure interface for retail investors and wealth partners. It allows users to discover and trade in multiple listed bonds across various rating categories. Through deep integration with exchange platforms for settlement and rich insights on issuers across sectors, the platform offers a thoroughly vetted selection of bonds and caters to all investor requirements throughout the investment lifecycle (from the stage of evaluation to transaction maturity).
These government securities are denominated in grams of gold and if held until maturity, SGBs are exempt from capital gains tax, making them an excellent choice for long-term investors. Notably, the tax exemption continues even if SGBs are purchased in the secondary market or through a bond platform like Aspero. Investors also have the option to redeem the NCDs at the end of the 5th, 6th, and 7th years from the series issue date with the Reserve Bank of India.
Details of the Sovereign Gold Bond on Aspero:
To sign up on the Aspero platform and explore the Sovereign Gold Bond and other investment options, visit www.aspero.in, or download the app from the Play Store or App Store.
Key highlights of investing through Aspero include:
1. Face value of bonds starting as low as INR 300
2. Yields ranging between 8%-14% for bonds rated in the investment grade category,
3. No transaction fees, and flexible tenors ranging from approximately 3 months to 7 years.
4. The platform also offers the option to invest 24x7 i.e., beyond market hours and holidays.
This Dhanteras, make an informed choice with Aspero and embrace the financial prosperity that Sovereign Gold Bonds have to offer.
