Corporate NCD: Forget FD, here you will get up to 10 percent returns. Corporate NCD Forget FD here you will get up to 10 percent returns


NTPC Taxable NCD

NTPC Taxable NCD

NTPC Taxable NCDs have AAA credit rating. The coupon rate on these is 8.49 percent. This NCD series ‘849NTPC25’ was released in March 2015 at a face value of Rs 10. CRISIL Ratings has assigned its ‘CRISIL AAA/Stable’ rating to NTPC’s Rs 15,000 crore non-convertible debentures.

Tata Capital Financial Services Taxable NCDs

Tata Capital Financial Services Taxable NCDs

The coupon rate on Tata Capital Financial Services Taxable NCDs is 8.90 per cent. Tata Capital Financial Services is a subsidiary of Tata Capital. It provides fund and fee-based financial services to its clients in a range of business areas. These include commerce finance, money management etc. CRISIL Ratings and ICRA have assigned ‘AAA/Stable’ rating to its non-convertible debentures.

Mahindra Financial Services Taxable NCD

Mahindra Financial Services Taxable NCD

Mahindra Financial Services Taxable NCD has a coupon rate of 9.05 per cent. Mahindra & Mahindra Financial Services Limited (MMFSL) is an RBI-registered systematically required deposit-taking NBFC. It is a subsidiary company of Mahindra & Mahindra Limited. CRISIL has issued CRISIL AA+/Stable rating on its NCDs. Whereas Brickwork Ratings has given BWR AAA/Stable rating to Mahindra Financial Services Taxable NCDs.

JM Financial Credit Solutions Taxable NCDs

JM Financial Credit Solutions Taxable NCDs

Its debentures have a coupon rate of 9.11 per cent. JM Financial Credit Solutions Limited (JMFCSL) is a non-deposit taking non-banking finance company. India Ratings has rated ‘IND AA’/Stable on the debt instruments of JM Financial Credit Solutions.

Here's 10 percent coupon rate

Here’s 10 percent coupon rate

IIFL Finance is a listed holding company of IIFL Finance Group. It has a 10% coupon rate on its NCDs. It is registered as an NBFC. CRISIL has rated it AA/Stable. Indiabulls Housing Finance Taxable NCD has a coupon rate of 9.15 per cent. NCD or Non-convertible Debenture (NCD) is a loan instrument issued by a company to raise money from people. People to whom NCDs are issued are given some return (coupon rate) in the form of interest. This interest rate is generally higher or rather one and a half times or more than that of a bank FD. That is, overall, NCDs are a good investment option. Every company issues NCDs to raise money for one or the other purpose.





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