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How to Buy SGB on Motilal Oswal

Guide to Sovereign Gold Bond investment on Motilal Oswal

Motilal Oswal Financial Services Ltd

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Best For
Research-focused investorsThose wanting advisory support

Motilal Oswal is known for its research excellence and has won multiple awards for its analyst calls. While charges are higher, you get access to quality research and advisory for your SGB investments.

This guide covers buying Sovereign Gold Bonds on Motilal Oswal platform.

Motilal Oswal SGB Charges

Account OpeningFree
Annual Maintenance (AMC)₹199/year (first year free)
SGB Brokerage0.20% on delivery
DP Charges0.025% or ₹30 (min) per debit

Pros

  • Excellent research and advisory
  • Strong fundamental research team
  • Award-winning analyst calls
  • Good for long-term investors
  • First year AMC free

Cons

  • 0.20% brokerage on SGB
  • Higher costs than discount brokers
  • DP charges can add up
  • App could be more intuitive

How to Buy SGB on Motilal Oswal - Step by Step

1

Open Motilal Oswal Account

Visit motilaloswal.com and click 'Open Account'. Complete KYC with PAN, Aadhaar. First year AMC is free.

2

Access Trading Platform

Download MO Investor app or use web platform. Login with your credentials.

3

Add Funds

Transfer money via UPI, Net Banking, or NEFT. Ensure sufficient balance for SGB + charges.

4

Search SGB

Navigate to trading section and search for 'SGB' or specific series symbol.

5

Place Buy Order

Select SGB, click Buy, enter quantity, choose order type, set price and confirm.

6

Monitor Portfolio

Track in Portfolio section after T+1 settlement. Access research reports for gold outlook.

Pro Tips for Motilal Oswal

  • Use Motilal Oswal's gold research for timing
  • First year free AMC - good to start
  • Consider their commodity outlook reports
  • 0.20% brokerage - factor into cost
  • Check SGB Analyzer for discount levels

Calculate Your SGB Returns

Use our calculator to estimate your potential returns based on investment amount and holding period.

Frequently Asked Questions

Motilal Oswal charges 0.20% brokerage on equity delivery including SGBs. DP charges are 0.025% or ₹30 minimum per debit. AMC is ₹199/year (first year free).
If you value research and advisory, yes. Their gold and commodity research can help time your purchases. For pure cost savings, discount brokers are better.
Login to your account and navigate to Research section. You get access to commodity reports including gold outlook that can guide SGB timing.
Yes, Motilal Oswal enables applications for new RBI SGB issues during subscription periods through their platform.

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