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10.76% fixed return! NCDs may prove a better deal than equities this year

While equities have underperformed in 2018, India’s debt market is offering lucrative investment opportunities with non-convertible debentures (NCDs)[1] of some companies offering returns up to 10.76%. Debentures of Shriram Transport Finance, Mahindra and Mahindra Financial Services, SREI Equipment Finance and Kosamattam Finance, which are currently open for subscription, are offering returns between 9-10.76%, payable annually. 

Read More at The Economic Times News date : 11 Jan 2019, Friday

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