Category: Fixed Deposits
7.50% Mahila Samman Bachat Patra / Savings Certificate
in Articles, Fixed Deposits, Investments
Finance Minister Nirmala Sitharaman in her Budget 2023 speech has proposed to introduce a new post office small savings scheme, called Mahila Samman Bachat Patra / Savings Certificate, carrying 7.50% fixed interest rate. There will be a cap of investment amount up to Rs. 2 lakh and the scheme will be available for 2 years
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India Infoline Finance Limited 12% NCDs Issue – September 2013
in Fixed Deposits
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in So, the next company in line to issue non-convertible debentures (NCDs) is India Infoline Finance Limited (IIFL), a 98.87% subsidiary of India Infoline Limited (IIL). It
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Fixed Maturity Plans aka FMPs – Favourable Factors & Checklist for the Investors
in Fixed Deposits
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in Of late, the market has been flooded with fixed maturity plans (FMPs). In fact, I have never seen such a huge number of FMPs getting launched
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Muthoot Finance NCDs Issue – September 2013
in Fixed Deposits
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in Muthoot Finance has also launched its issue of non-convertible debentures (NCDs) from September 2nd, with its plan to raise Rs. 300 crore, including the green-shoe option
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Tax Free Bonds Notification – FY 2013-14
in Fixed Deposits
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in Amid volatile stock markets, rising interest rates and weakening economic growth, the investors are running out of patience now, even with their so-called “safe debt investments”
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Shriram Transport Finance NCD Issue – 2013-14
in Fixed Deposits
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in Regular readers of OneMint must be quite familiar with NCDs or non-convertible debentures. There have been many such NCD issues in the past couple of years
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Tax Free Bonds to be issued by AAI
in Fixed Deposits
The Airport Authority of India (AAI) is going to issue tax free bonds to the tune of Rs. 1,000 crores shortly, and AAI is going to be the first company in a while to issue tax free bonds. I think the primary reason for this is that the yield on these bonds is capped to
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Interest Payment Dates of Tax-Free Bonds issued during FY 2011-12 & 2012-13
in Fixed Deposits
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in Investors who invest in fixed income instruments, like fixed deposits, company deposits, NCDs, infrastructure bonds, tax-free bonds etc., eagerly wait for the day on which the
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Understanding Inflation Indexed Bonds
in Fixed Deposits
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in Budget 2013 had “next to none†changes for the Indian taxpayers, investors or savers. As far as the investment options are concerned, some minor changes were
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Interest Rates on Post Office Small Saving Schemes – FY 2013-14
in Fixed Deposits
This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in Interest rates on most of the Post Office small saving schemes have been reduced by 10 basis points (bps) or 0.10% effective April 1, 2013. The
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Tax Free Bonds open for subscription in 2013
in Fixed Deposits
The last few days saw 4 companies announce the second tranche of their tax free bonds, and with the exception of HUDCO, the other three have identical interest rate and maturity periods. The interest rates on the second tranche has gone down when compared with the first tranche and that’s because the interest rate on
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REC Tax Free Bonds 2013
in Fixed Deposits
REC is the third company that I’m going to write about that has issued a second tranche of tax free bonds. PFC and HUDCO were the first two. REC had also released the first tranche of its tax free bonds earlier and like the other companies, it has lowered the interest rates on its second
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