Know all about investing in Non-Convertible Debentures

An 11-12% fixed return to investors is a very tempting offer to resist when equities are not doing well. Not many fixed income instruments are able to deliver such high returns. But in last few years companies have raised good money through Non-Convertible Debentures (NCDs) . The main attraction was high return to investors in comparison to other fixed income instruments like bank deposits.

Let us take a look how NCDs work and what should be the criteria to judge the right one:

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