SBI Investment Plans Gold

I want to invest in SBI Gold Fund. so provide me their plans and provide me it interest rates.

I am sharing the details about the investment plans of SBI Gold Fund for your reference. You can go through it. The program is running by SBI Mutual Funds. The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India
(Mutual Funds) Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information
Document.

For more details you can download the pdf file provided.

Attached Files Available for Download

SBI GF Details.pdf (558.1 KB, 42 views)

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Answered By StudyChaCha Member

I have heard about the SBI Investment Plans Gold searching for details related to this. Can you tell what the SBI Investment Plans for Gold coins and tell about Eligibility and Documentation?

As an account holder of State Bank of India, you can avail a number of schemes related to gold loans and investments.

SBI Gold Coins
SBI offers purchase of gold coins from any of its bank branches across India.

Features of SBI Gold Coins
SBI gold coins come in tamper-proof packaging with 999.9 purity.
The purity comes with an Assay certification.
SBI gold coins are available in the following denominations - 2|4|5|8|10 grams. The rectangular bars are available in 20|50 grams.
The price of the gold is determined by the daily price of the gold minus the sales tax and value added tax.
These gold coins are sold at a reasonably competitive prices

Eligibility and Documentation

for investing in Revamped Gold Deposit Scheme (R-GDS)

Individual, single or joint account holders can apply for this scheme.
Proprietorship.
Companies.
Partnerships and HUFs.
Trusts, ETFs and Mutual Funds regulated by SEBI.
Application form.
Identification form.
Address proof.
Inventory form.

Interest Rate

TYPE TENURE RATE OF INTEREST PER ANNUM
Short Term Bank Deposit 1 year 0.50%
2 year 0.55%
3 year 0.60%
Medium Term Gold Deposit 5-7 years 2.25%
Long Term Gold Deposit 12-15 years 2.50%

Contact:

SBI
9th Floor, Crescenzo,C-38 and 39, G Block
Bandra-Kurla Complex Mumbai, Maharashtra India - 400051
1800 209 3333 / 1800 425 5425
+91-22-2778 6551 (from outside India) +91-22-62511600 (from outside India)
customer.delight@sbimf.com

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Answered By StudyChaCha Member