RBI fixes SGB 2019-20 Series II redemption price at ₹14,199. Should investors redeem now?

The Reserve Bank of India has fixed the premature redemption price for Sovereign Gold Bond 2019-20 Series II at ₹14,199 per gram. Investors who bought the bonds in 2019 have earned more than 300% in capital appreciation, but tax implications should also be factored into the decision.