Motilal Oswal Financial Services launches its first public issue of Non-Convertible Debentures (NCDs) offering attractive interest rates. Here's a quick overview:
Key Points:
Highlights:
Example: Series 5 (5-year tenor) offers 8.97% coupon rate with an effective yield of 9.35%.
Investment Objective:
Motilal Oswal NCDs vs. Fixed Deposits:
NCDs offer potentially higher returns compared to fixed deposits, especially for longer investment horizons (10 years).
Disclaimer: Credit rating is not an investment recommendation. Conduct your own research before investing.
#trending #latest #debt instruments #Fixed deposits #Invest #investing
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