The biggest gold fund, Nippon India ETF Gold BeES, has delivered a compounded annual growth rate of 9.31 percent during February 8, 2016 to February 8, 2024, underperforming Sovereign Gold Bond 2016-I issue.
The Reserve Bank of India announced the final day of redemption for the Sovereign Gold Bond (SGB) Scheme SGB 2016-I. The price for the final redemption is computed using the simple average closing gold price from January 29 to February 2, 2024.