Alternative to SGB

F&O
1

Hi All,

I have invested close to 5Lakhs in SGBs , main purpose to use as collateral .

Now GOI stopped this scheme and I am wondering what to do ?

couldn’t find better alternatives than SGB !!

Note : Give suggestions through option sellers perspective pls !

2

It is still acceptable as collateral.

3

I guess you are asking what to buy with fresh capital.
If you insist on gold only, then GOLDCASE or GOLDBEES can be considered.

4

yes , but I am looking for alternatives

5

not fixed on gold ,
any alternative which can be acceptable as collateral + can give good returns