Latest News
-
1:5 Split Soon: Rs 2,300 Defence Stock To Split Into Five Shares, Rs 400 Cr Fundraising Too; Hits 52-Week High -
Penny Stock Bags Back-To-Back Orders Worth Rs 500 Mn, 110 Mn; Shares Hit Upper Circuit -
Marshall Wace Offloads Stakes in 21 Indian Companies for Rs 2,365 Crore -
Rishi Sunak Announces Generational Hike in UK Defence Spending -
Dr Reddy's Issues Recall for Six Drug Lots in US Over Subpotency Concerns -
Dr Reddy's Voluntarily Recalls Six Drug Lots in US Over Potency Concerns -
IRCON, RITES: 2 Multibagger Navratna Railway Stocks Potential To 17-24% Upside Ahead; Assigned BUY Rating -
AU Small Finance Bank Unveils New Products Including Rupay Credit Card -
Mahindra Finance Detects Rs 150 Crore Fraud, Postpones FY24 Financial Results -
Rs 2.20/Share Dividend Declared: 84-Yrs Old Small Cap Tata Co Reports 7.7% Rise In Net
5 debt ideas for investors
If you as an investor with surplus amount is looking to park your money in some lucrative debt option. Here are few good options for you that are worth considering for investment purpose.
Yield substantially higher than bank fixed deposit
With an interest rate of as high as 11.75% being offered for a tenure of 84 months the new NCD offering by Shriram Transport is surely a good bet as it offers comparably better returns when compared to bank fixed deposits. Also, being CRISIL- AA/Stable and CARE-AA+ rated, investors are unlikely to lose money on the investment. Know about Shriram Transport NCD in detail.
Issue open for subscription until October 14
If you as a retail investor with surplus amount is looking for an investment basket, you can consider subscribing to safe and secure tax-free bonds by HUDCO that is open for subscription until October 14, 2013. The bonds offer an attractive coupon rate and in case of taxpayers falling in higher tax bracket of 20%, the pre-tax yield shall be as high as 11.33%. Read more on HUDCO tax-free bonds.
Interest rate for maturity term of 1-2 years is 9.5%
For term deposits less than Rs. 1.5 million, this public-run bank is offering an interest rate as high as 9.5% p.a. for maturity tenure between 1-2 years. Senior citizens would be entitled to an additional interest of 0.5% making their return @ 10%.
Interest rate offered on the FD range between 9.25%-10%
Investment in Gruh Finance deposit scheme provides return in the range of 9.25%-10% for different investment tenures of 12-84 months. The investors will also be entitled to advance interest warrants for earned interest at the last day of each financial year.
CRISIL rating suggest safe nature of the investment option
With a minimum sum of Rs. 25,000 the investment into the scheme offers an interest rate @ 9.25%, 9.75% and 10.75% for maturity term of one, two and three years respectively. Senior citizens will be provided with an additional interest @0.25%. CRISIL FAA+ rated scheme suggest safety of the scheme.
