{"id":12180,"date":"2021-04-25T03:14:58","date_gmt":"2021-04-24T21:44:58","guid":{"rendered":"https:\/\/www.apnaplan.com\/?p=12180"},"modified":"2021-04-25T03:15:00","modified_gmt":"2021-04-24T21:45:00","slug":"india-grid-trust-ncd-april-2021","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/india-grid-trust-ncd-april-2021\/","title":{"rendered":"8.20% India Grid Trust NCD \u2605 April\u201921 \u2605 Should you Invest?"},"content":{"rendered":"\n<p>India Grid Trust, a power sector InvIT (Infrastructure Investment Trusts) registered with SEBI since 2016 has come out with public issue of non-convertible debentures (NCD) &#8211; <strong>India Grid Trust NCD offering up to 8.20% interest rate<\/strong> and <strong>opens for subscription from April 28, 2021<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">India Grid Trust NCD \u2013 Significant Points:<\/h2>\n\n\n\n<ul><li><strong>Offer Period:<\/strong> April 28 to May 5, 2021<\/li><li><strong>Annual Interest Rates<\/strong> for Retail Investors: 6.75% to 8.20% depending on tenure<\/li><li><strong>Price of each bond:<\/strong>\u00a0Rs 1,000<\/li><li><strong>Minimum Investment<\/strong>: 10 Bonds (Rs 10,000)<\/li><li><strong>Max Investment Limit<\/strong>\u00a0for Retail Investor: Rs 10 Lakhs<\/li><li><strong>Credit Rating:<\/strong> &#8216;CCA AAA\/Stable&#8217; by CRISIL, &#8216;IND AAA&#8217;\/Stable by India Ratings and &#8216;ICRA AAA (Stable)&#8217; by ICRA<\/li><li><strong>NCD Size:<\/strong> Rs. 1000 Crores <\/li><li><strong>Date of Allocation:<\/strong> May 11, 2021<\/li><li><strong>Allotment<\/strong>: First Come First Serve<\/li><li><strong>Listing:<\/strong> Bonds would be listed on BSE &amp; NSE and will entail capital gains tax on exit through secondary market<\/li><\/ul>\n\n\n\n<div class=\"wp-block-uagb-inline-notice uagb-inline_notice__outer-wrap uagb-inline_notice__align-left uagb-block-49a2e951\"><h4 class=\"uagb-notice-title\"><strong>Learn All about NCDs<\/strong><\/h4><div class=\"uagb-notice-text\"><p>NCDs or non-convertible debentures or more popularly known as Bonds are a bit complex investment products. You must understand the product, risk involved, the taxation on interest received and when you sale it. We have done a separate post regarding this titled &#8211; <a class=\"rank-math-link\" href=\"https:\/\/www.apnaplan.com\/know-ncd-investment-tips-tds-and-taxation\/\">Know all about NCDs<\/a>.<\/p><p>Also you can <a class=\"rank-math-link\" href=\"https:\/\/www.apnaplan.com\/category\/fixed-income\/bonds\/ncds\/\">keep track of <strong>upcoming NCD issues<\/strong> here<\/a>.<\/p><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">India Grid Trust NCD \u2013 Investment Options:<\/h2>\n\n\n\n<p>There are 8 options of investment in India Grid Trust NCD.<\/p>\n\n\n\n<div class=\"wp-block-image size-large wp-image-11775 is-style-default\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"513\" src=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-Investment-Options--1024x513.png\" alt=\"India Grid Trust NCD- April 2021 - Investment Options\" class=\"wp-image-12183\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-Investment-Options--1024x513.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-Investment-Options--300x150.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-Investment-Options--768x385.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-Investment-Options-.png 1487w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>India Grid Trust NCD- April 2021 &#8211; Investment Options<\/figcaption><\/figure><\/div>\n\n\n\n<div class=\"wp-block-uagb-inline-notice uagb-inline_notice__outer-wrap uagb-inline_notice__align-left uagb-block-8b22eda6\"><h4 class=\"uagb-notice-title\"><strong>Best way to Double your Money<\/strong><\/h4><div class=\"uagb-notice-text\"><p>Who does not want more and wouldn&#8217;t you love to <strong>Double your money<\/strong>? For sure we all would &#8211; we have <a class=\"rank-math-link\" href=\"https:\/\/www.apnaplan.com\/best-ways-to-double-money\/\">listed 7 authentic investments which you can use to double your money<\/a>. The post talks not only about the returns but also the risks associated with each investment.<\/p><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">India Grid Trust NCD \u2013 Who can Apply?<\/h2>\n\n\n\n<p>This issue is open to all Indian residents, HUFs and Institutions.<\/p>\n\n\n\n<ol><li>Category I \u2013 Institutional Investors \u2013 10% of the issue is reserved<\/li><li>Category II \u2013 Non-Institutional Investors, Corporates \u2013 10% of the issue is reserved<\/li><li>Category III \u2013 HNIs \u2013 30% of the issue is reserved<\/li><li>Category IV \u2013 Retail Individual Investors \u2013 50% of the issue is reserved<\/li><\/ol>\n\n\n\n<p>However NRIs cannot apply for this NCD.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">India Grid Trust NCD Review<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Why you should invest in India Grid Trust NCD?<\/h3>\n\n\n\n<ol><li>AAA Credit rating means low likely hood of credit default<\/li><li>The NCD is secured, which means the above debt is backed by assets of the company<\/li><li>The\u00a0<a href=\"https:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\" class=\"rank-math-link\">interest rates are 2% &#8211; 3% higher than your regular Bank FDs<\/a><\/li><li>No TDS if invested in Demat Form<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Why you should not invest in India Grid Trust NCD?<\/h3>\n\n\n\n<ol><li><span style=\"font-family: -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif; font-size: 1rem; font-weight: inherit;\">There have been issues with some well rated companies like DHFL, IL&amp;FS where rating agencies suddenly downgrade the rating. This risk always existed but it has come to forefront in last few months<\/span><\/li><\/ol>\n\n\n\n<div class=\"wp-block-uagb-inline-notice uagb-inline_notice__outer-wrap uagb-inline_notice__align-left uagb-block-c627a94c\"><h4 class=\"uagb-notice-title\"><strong>Should you Invest in Gold?<\/strong><\/h4><div class=\"uagb-notice-text\"><p>We looked at more than 55 years history of gold to see if its a good idea to invest in Gold. We concluded that its more volatile than perceived but investing in long term may provide you with more stable returns. You can look at the complete analysis and our conclusion <a href=\"https:\/\/www.apnaplan.com\/gold-price-in-india-40-years-history\/\" class=\"rank-math-link\">here &#8211; Looking at Gold Price History in India \u2013 Should you Invest in Gold?<\/a><\/p><\/div><\/div>\n\n\n\n<div class=\"wp-block-image size-full wp-image-11776 is-style-default\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-.png\" alt=\"India Grid Trust NCD - April 2021\" class=\"wp-image-12182\" width=\"749\" height=\"404\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-.png 999w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021--300x162.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021--768x414.png 768w\" sizes=\"(max-width: 749px) 100vw, 749px\" \/><figcaption>India Grid Trust NCD &#8211; April 2021<\/figcaption><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">How to Apply for India Grid Trust NCD?<\/h2>\n\n\n\n<p>You can apply online by ASBA facility provided by banks. It\u2019s the easiest way to apply and also avoids a lot of hassle in terms of KYC and paper work.<\/p>\n\n\n\n<div class=\"wp-block-uagb-inline-notice uagb-inline_notice__outer-wrap uagb-inline_notice__align-left uagb-block-3ffcf342\"><h4 class=\"uagb-notice-title\"><strong>How to apply for NCD through ASBA?<\/strong><\/h4><div class=\"uagb-notice-text\"><p>If you want to apply to NCDs, ASBA is the best way to do so. It&#8217;s easy, secure and the money leaves the account only when the bonds are allocated. We have covered <a href=\"https:\/\/www.apnaplan.com\/ipo-asba\/\" class=\"rank-math-link\">step by step process for ASBA in SBI <\/a>in the post. You have ASBA facility in most big banks. <\/p><\/div><\/div>\n\n\n\n<p>In case you don\u2019t want to do it online, you can download the application form from company site or Financial Institutions and submit to collection centers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Recommendation:<\/h2>\n\n\n\n<ol><li>My recommendation is<strong>\u00a0invest some part of your Fixed Income investment in India Grid Trust NCD Issue<\/strong><\/li><li>You should always\u00a0<strong>have diversified portfolio<\/strong>\u00a0be it fixed deposit, NCD or equity investment<\/li><li>Its good idea to\u00a0<strong>remain invested till maturity<\/strong>\u00a0because liquidity on exchanges are low and hence you would get lower than market value<\/li><\/ol>\n\n\n\n<div class=\"wp-block-uagb-inline-notice uagb-inline_notice__outer-wrap uagb-inline_notice__align-left uagb-block-8e467d9f\"><h4 class=\"uagb-notice-title\"><strong>How much Taxes you Need to Pay this Year? <\/strong>Download Our Income Tax Calculator to Know your Numbers<\/h4><div class=\"uagb-notice-text\"><p>Do you know how much tax you need to pay for the year? Have you taken benefit of all tax saving rules and investments? Should you use the &#8220;NEW&#8221; tax regime or continue with the old one? In case you have all these questions just <a href=\"https:\/\/www.apnaplan.com\/income-tax-calculator-india\/\" class=\"rank-math-link\">Download the Free Excel Income Tax Calculator for FY 2021-22 (AY 2022-23)<\/a> and get your answers.<\/p><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">India Grid Trust NCD FAQs<\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1617551604607\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">\u2705 How to apply for India Grid Trust NCD?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can apply online by <a href=\"https:\/\/www.apnaplan.com\/ipo-asba\/\" class=\"rank-math-link\">ASBA facility provided by most banks<\/a>. It\u2019s the easiest way to apply and also avoids a lot of hassle in terms of KYC and paper work. In case you don\u2019t want to do it online, you can download the application form from company site or Financial Institutions and submit to collection centers.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1617551688957\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">\u2705 Is India Grid Trust NCD Secure?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes <a href=\"http:\/\/www.indigrid.co.in\/\" target=\"_blank\" aria-label=\"India Grid Trust (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"rank-math-link\">India Grid Trust<\/a> NCD is secured by its assets and future income.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1617551690554\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">\u2705 What is tax on India Grid Trust NCD?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>For Tax Purpose NCDs are treated similar to Fixed Deposits. <strong>The interest earned is added to your income as \u201cincome from other sources\u201d and taxed accordingly.<\/strong><\/p>\n<p>In case the NCD is sold before maturity on stock exchanges, it would lead to <strong>Capital Gains<\/strong> and taxed according to the holding period.<br \/>   -If the NCD was sold within 12 months of allotment, it leads to <strong>Short Term Capital Gains<\/strong> and<br \/>   -if the selling period is more than 12 months its <strong>Long Term Capital Gains<\/strong><br \/>   -Short Term Capital Gains would be added to income and taxed accordingly<br \/>   -Long term capital Gains would be taxed at the flat rate of 10% (u\/s 112 of IT Act)<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1617551691396\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">\u2705 Is India Grid Trust NCD safe to invest?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The credit rating for India Grid Trust NCD is AAA. This is investment grade and less likely to default on principal or interest payment. Do remember that these ratings are as of today and these may change depending on company&#8217;s performance and external situations. So investors need to track the company closely.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>You should invest some part of your Fixed Income investment in India Grid Trust NCD due to attractive interest rates &#038; AAA credit rating. <\/p>\n","protected":false},"author":1,"featured_media":12182,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[31,30,194],"tags":[3987,3988,3986,3979],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-.png",999,539,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021--150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021--300x162.png",300,162,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021--768x414.png",768,414,true],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-.png",999,539,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-.png",999,539,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021-.png",999,539,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2021\/04\/India-Grid-Trust-NCD-April-2021--120x120.png",120,120,true]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"You should invest some part of your Fixed Income investment in India Grid Trust NCD due to attractive interest rates & AAA credit rating.","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/12180"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=12180"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/12180\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/12182"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=12180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=12180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=12180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}