If you’re ruing about low return prospects from equity in the coming year, then it’s time you look at other investment opportunities that might be offering attractive returns. With non-convertible debentures ( NCDs) hitting the market with returns as high as 10.35 percent, the Indian debt-market is a very lucrative sector.
Debentures of Shriram Transport Finance NSE 1.01 %, Mahindra and Mahindra Financial ServicesNSE -1.33 %, Srei Equipment Finance and Kosamattam Finance, which are currently open for subscription, are offering returns that go up to 9 – 10% .
If you would like to know more about NCDs and understand how the debt-market works, this article published in Economic Times will help.
To find out the latest NCDs available for investment visit our INVEST page.