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Fixed Income

10.4% Kosamattam Finance Ltd NCD – Aug’17 – Should you Invest?

Kosamattam Finance NCD – August 2017 Kosamattam Finance has come out with public issue of non-convertible debentures (NCD) offering up to 10.47% interest rate. The issue is already open for subscription and closes on September 1, 2017. Kosamattam Finance Ltd is a Kerala Based NBFC engaged in gold loan finance business. They lend money against the pledge of household Jewellery in the state […] Continue reading →

Pradhan Mantri Vaya Vandana Yojana: Pension Scheme for Senior Citizens [updated as per Budget 2018]

Pradhan Mantri Vaya Vandana Yojana - PMVVY 2017 Our Prime Minister had announced a new Pension Scheme for Senior Citizens offering 8% returns for 10 years in December 2016. The proposal was also stated in Budget 2017. This has finally been launched on May 4, 2017 with the name of Pradhan Mantri Vaya Vandana Yojana 2017-18 (PMVVY). In this post we review PMVVY […] Continue reading →

Sovereign Gold Bond – July 2017 – Review & How to Apply?

Sovereign Gold Bond - Tranche IX - July 2017 Government of India has launched the eighth tranche (Series II for FY 2017-18) of Sovereign Gold Bonds from July 10 to 14, 2017. These bonds are investment scheme where investors could buy gold in the form of Gold Bonds from Government of India. Highlights Sovereign Gold Bond Eligibility: Resident Individuals, HUFs, trusts, universities, charitable institutions, etc Application Date: July 10 […] Continue reading →

8.05% Mahindra Financial Services NCD – July’17 – Should you Invest?

Mahindra Finance NCD – July 17 – Should you Invest? Mahindra & Mahindra Financial Services Ltd, a leading rural non-banking financial company has come out with public issue of non-convertible debentures (NCD) offering up to 8.05% interest rate. The issue would open on July 10 and would close on July 28, 2017. M&M Finance NCD – Significant Points: Offer Period: July 10 to 28, 2017 Annual Interest […] Continue reading →