Debate on Debt MFs
Greetings from PenguWIN In this blog, I would like to compare and contrast Debt Mutual Funds and other traditional Fixed Income products. In my earlier note on decoding the jargons, I had briefly explained about Debt MFs which you might want to refresh before reading further. Like a commercial break, I would like to deviate a minute and mention about 2 of our new partners (more than 3 months old now) that we have tied...
Excellent Investment Opportunity for Fixed Income – STFC, 11.75% Max.
Shriram Transport Finance Corporation (STFC) has come up with a Secured NCD Offer with very attractive interest rates of 11.25% per annum for 5 years and 11.5% for 7 years with an additional 0.25% for Senior Citizens PenguWIN Recommends ***** 5 Stars The scheme opens on 2nd July and closed on 22nd July 2014, with early closure option if the subscription is reached; demand is expected to be very high as its a AA+ rated secured instrument (by...