IIFL NCD Review – Invest but with caution

IIFL_NCD_2012

IIFL Non Convertible Debentures (NCD) opens today for subscription. The IIFL NCD issue has been rated (AA-) by both ICRA and CRISIL meaning the investment is safe. It has six-year repayment duration with coupon rate of 12.75% per annum (p.a.), which would double your money at maturity. You can read the details by clicking here. […]

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