Bonds

Yoga propagates self-awareness and every pose is about being self aware. In Finance and Investment, the No. 1 trait that differentiates between living a rich or deprived life is being aware about your money and having the right insurance. 

Financial Asana:

Fixed Income Market Update: 

Over the past few months fixed income markets witnessed a slew of events with continued liquidity support from RBI, the announcement of additional gross market borrowing by the central government, new 10 Yr G-Sec auction, the fiscal stimulus package, and finally the bi-monthly monetary policy. 

Retirement Planning, though prevalent in the western world since long, is a relatively new phenomenon in the Indian society. The joint family system where a son took care of his parents, obliterated the need for retirement planning. A competent son used to be the best investment Indian couples made for retirement.

However, this has changed with the advent of urbanization, employment-led migration, nuclear families and rising aspiration levels of young Indian couples. Retirement planning has become a necessity in Indian society today.

SGBs are issued by RBI on behalf of the Government of India and hence the bonds carry a sovereign guarantee on payment of interest and repayment of principal on maturity.

Over the last three months, the shine on the Gold continues to be there and the price per gram is nearly Rs 48000. Gold has always been the favourite asset class in Portfolio of most of the Indian Investors and to avoid the risk attached to investment in Physical Gold, RBI has announced multiple series of Sovereign Gold Bond this year.

Investors who are looking at fixed-income investment avenues such as bank fixed deposits, NSC, or KVP may consider investing in Floating Rate Savings Bonds.