Latest news with #SGBs
Time of India
5 days ago
- Business
- Time of India
Simplifying portfolio analysis and tracking: Tools to view, compare, and manage your investments in one place
Keeping track of investments across different asset classes, platforms, and accounts can often be time-consuming and fragmented. To help investors make more informed decisions and maintain better oversight, several digital tools now offer consolidated portfolio views and benchmarking features —all designed to simplify portfolio management without compromising on data accuracy or privacy. Unified portfolio views for a holistic perspective In today's investing environment, managing multiple asset classes such as equities, mutual funds, and Sovereign Gold Bonds (SGBs) can involve logging into several different accounts or apps. Angel One's portfolio tracking tool addresses this challenge by allowing users to monitor all their holdings together in one place—removing the need to toggle between tabs or third-party apps. This consolidated view helps identify asset allocation gaps, track progress, and understand overall exposure—all from a single dashboard. Managing family wealth in one view Angel One's Family Portfolio View makes it easier to oversee household-level finances by allowing users to securely link up to five family member accounts. With their consent, users can track all family investments—across stocks, mutual funds, and other holdings—on a single platform. Key benefits include: A consolidated view of household investments Visibility into overall asset allocation Simplified decision-making for shared financial goals like retirement, education, or legacy planning Setting up is straightforward, and users retain full control and transparency throughout the process. Benchmarking mutual fund performance Understanding whether your mutual fund investments are performing in line with the market is an essential part of portfolio management. Angel One's Portfolio Analysis feature enables users to compare their mutual fund portfolio's returns to benchmark indices like the Nifty 50. With visual tools and performance graphs, users can interpret: Whether their portfolio is lagging or outperforming benchmarks How market movements are affecting long-term returns Whether strategy adjustments may be needed Benchmarking equips investors with context and clarity, helping them make informed allocation and rebalancing decisions. Making informed adjustments Angel One's portfolio tracking tools collectively offer users greater visibility and control over their investment journey. By centralizing insights and streamlining access across asset classes and accounts, these tools aim to help investors make smarter, data-backed choices that align with their goals. Disclaimer - This is for educational purposes only. Investments in securities markets are subject to market risks. Please read all related documents carefully before investing. Such representations are not indicative of future results.
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Business Standard
22-05-2025
- Business
- Business Standard
MTNL shares up 7% after DoT approaches finance ministry to repay co's debt
Mahanagar Telephone Nigam (MTNL) share price jumped 6.6 per cent, logging an intraday high at ₹47.04 per share on BSE. The stock gained after department of telecom (DoT) once again approached the finance ministry seeking funds to repay the liabilities. MTNL, a government-owned telecom company, is overseen by the DoT, which is responsible for policymaking and regulation in the telecom sector. At 1:304 PM, MTNL shares were up 3.85 per cent at ₹45.8 per share on the BSE. In comparison, the BSE Sensex was down 1.18 per cent at 80,634.49. The market capitalisation of the company stood at ₹2,885.40 crore. The 52-week high of the stock was at ₹101.88 per share and the 52-week low of the stock was at ₹32.7 per share. Meanwhile, MTNL's total outstanding dues to public sector banks (PSBs) is ₹8,415.55 crore. In February, Business Standard reported that the finance ministry had rejected MTNL's request that PSBs should take any kind of haircut on their debt. In a written reply to the Lok Sabha, Minister of State for Communications and Rural Development Pemmasani Chandra Sekhar said BSNL and MTNL are monetising only those land and building assets, which are not required for their own use in the foreseeable future. For these, it has the rights to transfer ownership. The minister said that between 2019 and January 2025, the earnings of MTNL from monetisation of non-core (land and buildings) and core (tower and fibre) assets are ₹2,134.61 crore and 258.25 crore, respectively. ALSO READ: In August 2024, Chandra Sekhar informed Rajya Sabha that MTNL had sought ₹1,151.65 crore to meet the payment of interest on sovereign guarantee bonds (SGBs) for 2024-25. According to the latest data, several PSBs have classified loans to MTNL as non-performing assets (NPAs), with outstanding dues across both principal and interest components. The seven PSBs with exposure to MTNL are Union Bank of India (₹3,664.09 crore), Indian Overseas Bank (₹2,393.81 crore), Bank of India (₹1,085.20 crore), Punjab National Bank (₹467.65 crore), State Bank of India (₹354.41 crore), UCO Bank (₹268.63 crore) and Punjab & Sind Bank (₹181.76 crore). About MTNL MTNL was set up in 1986 by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros Delhi, the political capital and Mumbai, the financial capital of India.
Time of India
05-05-2025
- Business
- Time of India
Sovereign Gold Bond 2017-18 series VI yields over 220% return in 7.5 years; RBI fixes premature redemption price at Rs 9,453 per gram on May 6
Investors holding the Sovereign Gold Bond (SGB) 2017-18 Series VI, issued on November 6, 2017, will be eligible for premature redemption on May 6, 2025, at a price of Rs 9,453 per gram, as notified by the Reserve Bank of India. Tired of too many ads? go ad free now This marks a gain of around 221% on the original issue price of Rs 2,945 per gram (or Rs 2,895 for investors), over a holding period of seven and a half years. In an official statement on Monday, the RBI said, 'The redemption price for premature redemption due on May 06, 2025 shall be Rs 9,453/- (Rupees Nine Thousand Four Hundred and Fifty-Three only) per unit of SGB based on the simple average of closing gold price for the three business days i.e., April 30, May 02 and May 05, 2025.' Earlier, according to the RBI the was priced at Rs 2,945 per gram, based on the average closing price of gold of 999 purity from October 25 to 27, 2017. Investors who applied online and paid digitally had received a Rs 50 discount, bringing the effective issue price to Rs 2,895 per gram. The was launched in 2015 by the Government of India, in consultation with the RBI, as a financial alternative to physical gold investment. Bonds are issued in denominations of one gram of gold or multiples thereof, and are tradable and eligible for conversion to dematerialised form. Each tranche is open for limited subscription windows and comes with a fixed interest rate of 2.50% per annum, paid semi-annually. Capital gains on redemption are tax-free for individual investors, and the bonds can also be used as collateral for loans. Redemption of SGBs is allowed after the fifth year from the date of issue, but only on the next interest payment date. The final maturity is after eight years. The redemption price is linked to the market value of gold and is based on the simple average of closing prices of gold of 999 purity, according to the RBI.
Mint
30-04-2025
- Business
- Mint
Investing in gold or real estate in India in 2025? Compare tax benefits, liquidity and returns to decide
Investors in India are exploring smart strategies to build wealth. Two prominent options are investing in gold or taking a home loan to invest in real estate. Both approaches offer their own set of advantages and disadvantages. According to Atul Monga, CEO and Co-founder of BASIC Home Loan, 'The decision to invest in gold or purchase a home should be based on one's financial goals, liquidity needs, and investment horizon.' 'Gold has surged to record highs, driven by global economic uncertainties and rising demand for safer investment options. For many Indians, gold is a crucial asset that acts as a reliable hedge against inflation. Moreover, the accessibility of digital gold & gold ETFs has further democratised this asset class. 'Real estate, on the other hand, offers long-term capital appreciation and rental income benefits. While the initial investment in real estate can be substantially higher than investing in gold, it is a tangible asset that can be used as a financial investment and a practical utility. Ultimately, the best investment strategy is the one that aligns with an individual's overall financial goals and risk tolerance,' he added. Let us hence discuss five key factors to help you in deciding wisely: Gold is generally ideal for your short term goals. It acts as a hedge against inflation and is more liquid than real estate in nature. Options such as Sovereign Gold Bonds (SGBs) can provide capital appreciation with the added benefit of annual interest. Home loans on the other hand provide for support in the long run. Real estate can provide rental income and appreciation in the long term. According to RBI guidelines home loans are available on favourable terms through various financial institutions. These loans are provided in the range of ₹ 10 lakhs to 25 lakhs or even higher by leading financial institutions, banks and NBFCS, depending on the creditworthiness, credit score, repayment capacity and past history of the borrower and his potential to convince the lender of the same. For complete clarity on this, consider reaching out to your respective lender. Gold is easy to buy, trade, or sell, so it is a clear winner in this department when compared with real estate, especially with digital gold and SGBs listed on stock exchanges. Property, though lucrative, lacks easy selling ability and liquidity. Selling of property units generally takes time, and it comes with higher transaction costs and associated complications. RBI also follows a strict Loan to value ratio (LTV) to ensure borrower equity. Gold is an investment idea that is both scalable and affordable. You can begin with just a gram in SGBs, thus making it fairly suitable for small and medium-level investors. Home loans on the other hand need a larger upfront investment, sincere commitment, down payment, registration, EMIs etc., and are considered best for those with long term financial stability. Home loans provide for significant tax deductions under Section 80c on principal and Section 24(b) on interest. Gold, while reasonably profitable, lacks such deductions. Still, capital gains on SGBs are tax-exempt on redemption for individual investors. Therefore, on a balanced level, gold has delivered solid returns and still remains a reliable protection, i.e., a hedge against inflation. SGBs offer extra interest income, boosting the total yield. Real estate on its part can provide for rental income, capital growth in the long run and now a broader access through REITs, thanks to SEBI's investor friendly changes and reforms. Gold is a strong contender for short-term liquidity and inflation protection. Home loan-backed real estate is better for long-term wealth and income. A diversified investment strategy combining both can offer stability and growth. Hence, to conclude, gold can be a better choice for short-term liquidity and inflation protection. For long-term wealth, income generation, and rental yield, home loan-backed real estate can be a viable option. A strategically diversified investment strategy that combines both can offer stability and growth simultaneously. For complete clarity on the same, it will be prudent for you to consult a certified financial advisor and take any investment decision only after considering factors such as proper research, individual financial capacity, credit worthiness, credit scores, EMI repayment potential, current financial health, pros and cons of both investment ideas among other associated issues. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Readers are advised to consult a certified financial advisor before making any investment decisions. First Published: 30 Apr 2025, 05:57 PM IST
Time of India
29-04-2025
- Business
- Time of India
Gold has proved your grandmother right
Representative image Had you listened to your grandmother and bought gold on Akshaya Tritiya , your investment would have earned handsome returns. Rising geopolitical tensions and widespread economic uncertainty have pushed gold prices to almost Rs 10,000 per gram. Gold bought on this auspicious day has delivered double-digit returns in the past 25 years. A substantial portion of these returns is attributable to the dramatic rise in gold prices in the past four years. Gold prices have more than doubled from Rs 47,452 per 10 grams in April 2021 to Rs 98,955 now. Investments in the yellow metal since 2021 have yielded more than 20 per cent returns. That's more than what equity funds have delivered in the past four years. However, though gold prices have moved up smartly, the yellow metal has also witnessed extended periods of muted returns. Between 2014 and 2018, the annualised return from gold was less than 2 per cent. Gold could not even beat the 4.8 per cent annual consumer inflation during that period. Many financial advisors consider gold a dead investment that doesn't generate any income or pay dividends. While that is true to some extent, gold is an excellent diversification tool because its price is not linked with other asset classes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo During a geopolitical crisis or periods of high inflation, equities tend to do poorly. But these conditions are good for gold. The negative correlation reduces the portfolio risk. Gold is also a very liquid asset and can be bought and sold across global markets. Experts forecast a further upside in 2025. Geopolitical tensions have only increased, and the new occupant in the White House has triggered a worldwide tariff war. Even so, don't look at gold as a speculative bet. Rather, treat it as a wealth preservation tool and portfolio diversifier. Experts advise that investors should not put more than 15-20 per cent of their overall portfolio in the yellow metal. With gold hitting Rs 1 lakh per 10 grams, many investors may be thinking of booking profits. With the removal of the indexation benefit in 2023, gains from gold are now added to the income of the investor and taxed at normal rates. But Sovereign Gold Bonds (SGBs) offer a unique tax advantage to investors. SGBs are issued by the RBI, and their prices are linked to the price of gold. Investors get 2.5 per cent interest every year, which is fully taxable. But if SGBs are held till maturity, the capital gains from the investment are tax-free. Year Akshaya Tritiya Date Gold Price (Rs/10 gm) CAGR Till Date* (%) 2000 6-May-00 4,355 13.3 2001 26-Apr-01 4,025 14.3 2002 16-May-02 4,827 14.0 2003 6-May-03 5,310 14.2 2004 23-Apr-04 5,713 14.5 2005 11-May-05 6,113 14.9 2006 30-Apr-06 9,520 13.1 2007 20-Apr-07 9,352 14.0 2008 8-May-08 11,726 13.4 2009 27-Apr-09 14,792 12.6 2010 15-May-10 18,177 12.0 2011 6-May-11 22,000 11.3 2012 24-Apr-12 29,055 9.9 2013 13-May-13 26,890 11.5 2014 2-May-14 29,480 11.6 2015 21-Apr-15 26,950 13.9 2016 9-May-16 30,330 14.0 2017 28-Apr-17 29,620 16.3 2018 18-Apr-18 (Wednesday) 31,410 17.8 2019 7-May-19 (Tuesday) 31,739 20.9 2020 26-Apr-20 (Sunday) 46,353 16.4 2021 14-May-21 (Friday) 47,452 20.2 2022 3-May-22 (Tuesday) 52,670 23.4 2023 22-Apr-23 (Saturday) 61,080 27.3 2024 10-May-24 (Friday) 73,240 35.1 Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
