Types of Sovereign Gold Bonds 

1. Regular Sovereign Gold Bonds (SGBs)
These are the standard Sovereign Gold Bonds issued by the Government of India, designed for individual investors who want to invest in gold in a secure and efficient manner. These bonds are issued in tranches throughout the year, offering investors multiple opportunities to invest. The bonds are denominated in grams of gold, with a minimum investment of 1 gram. They come with a fixed interest rate of 2.5% per annum, paid semi-annually, and a maturity period of 8 years with an exit option after the 5th year.

2. Sovereign Gold Bonds for NRIs
Axis Unicorn offers Sovereign Gold Bonds tailored for Non-Resident Indians (NRIs). These bonds allow NRIs to invest in gold in India without the need for physical storage, providing them with a safe and cost-effective way to participate in the Indian gold market. NRIs can invest in SGBs through their NRE or NRO accounts, and the bonds offer the same benefits as those available to resident investors, including interest income and tax exemptions on capital gains at maturity.

3. Sovereign Gold Bonds with Early Redemption Options
For investors who seek flexibility, Axis Unicorn offers Sovereign Gold Bonds with an early redemption feature. While the standard SGBs come with a maturity period of 8 years, these bonds allow investors to redeem their holdings after 3 years, making them suitable for those who prefer a shorter investment horizon. These bonds still provide the same fixed interest rate and are backed by the Government of India.

4. Sovereign Gold Bonds for Institutional Investors
These are specially designed Sovereign Gold Bonds for institutional investors such as banks, mutual funds, and other financial institutions. These bonds allow institutions to invest large sums in gold without the complexities of physical gold management. They offer the same interest rate and tax benefits as regular SGBs, with the added advantage of easy liquidity through secondary market trading.

5. Sovereign Gold Bonds with Higher Denomination Options
Axis Unicorn offers Sovereign Gold Bonds in higher denominations for high-net-worth individuals (HNIs) and investors looking to invest substantial amounts in gold. These bonds are available in larger gram denominations, providing a more streamlined investment option for those who wish to allocate significant capital to gold while enjoying the benefits of a secure and government-backed investment.

6. Sovereign Gold Bonds for Digital Investors
For tech-savvy investors, Axis Unicorn provides the option to invest in Sovereign Gold Bonds through digital platforms. These bonds can be purchased and managed entirely online, offering convenience and ease of access. Digital investors can enjoy all the benefits of SGBs, including fixed interest, capital appreciation, and tax advantages, with the added flexibility of managing their investments through Axis Unicorn’s online portal or mobile app.