{"id":7252,"date":"2016-08-03T10:29:34","date_gmt":"2016-08-03T04:59:34","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=7252"},"modified":"2016-08-03T14:12:59","modified_gmt":"2016-08-03T08:42:59","slug":"dhfl-ncd-aug16","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/dhfl-ncd-aug16\/","title":{"rendered":"9.3% DHFL NCD \u2013 Aug\u201916 \u2013 Should you Invest?"},"content":{"rendered":"<figure id=\"attachment_7267\" aria-describedby=\"caption-attachment-7267\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-7267\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016-300x155.png\" alt=\"DHFL NCD - August 2016\" width=\"300\" height=\"155\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016-300x155.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016.png 574w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-7267\" class=\"wp-caption-text\"><strong>DHFL NCD &#8211; August 2016<\/strong><\/figcaption><\/figure>\n<p style=\"text-align: justify;\">DHFL (Deewan Housing Finance Ltd) is Third Largest Home Loan &amp; Housing Finance Company in India. The\u00a0company has come out with its first public issue of non-convertible debentures (NCD) offering up to 9.3% interest rate. The issue would open on August 3 and would close on August 16, 2016.<\/p>\n<h2 style=\"text-align: justify;\">DHFL\u00a0NCD \u2013 Significant Points:<\/h2>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: justify;\"><strong>Offer Period:<\/strong>\u00a0August 3 to 16, 2016<\/li>\n<li style=\"text-align: justify;\"><strong>Annual Interest Rates<\/strong>\u00a0for Retail Investors: 8.83% to 9.30% depending on tenure<\/li>\n<li style=\"text-align: justify;\"><strong>Price of each bond:<\/strong>\u00a0Rs 1,000<\/li>\n<li style=\"text-align: justify;\"><strong>Minimum Investment<\/strong>: 10 Bonds (Rs 10,000)<\/li>\n<li style=\"text-align: justify;\"><strong>Max Investment Limit<\/strong>\u00a0for Retail Investor: Rs 10 Lakhs<\/li>\n<li style=\"text-align: justify;\"><strong>Credit Rating<\/strong>: \u201cCARE AAA\u201d by CARE \u00a0&amp; \u201cBWR AAA\u201d by Brickwork<\/li>\n<li style=\"text-align: justify;\"><strong>NCD Size:<\/strong> Rs 1,000 crore with option to retain oversubscription of Rs 4,000 crore<\/li>\n<li style=\"text-align: justify;\"><strong>Allotment<\/strong>: First Come First Serve<\/li>\n<li style=\"text-align: justify;\"><strong>Listing:<\/strong>\u00a0Bonds would be listed on BSE &amp; NSE and will entail capital gains tax on exit through secondary market<\/li>\n<\/ul>\n<blockquote><p><span style=\"background-color: #ffcc00;\"><strong style=\"font-style: italic;\">Also Read<\/strong><\/span><span style=\"font-style: italic;\"><span style=\"background-color: #ffcc00;\">\u00a0\u2013<\/span>\u00a0<\/span><span style=\"font-style: italic;\"><a style=\"font-weight: inherit; font-style: inherit; color: #005fa1;\" href=\"http:\/\/www.apnaplan.com\/know-ncd-investment-tips-tds-and-taxation\/\"><span style=\"font-weight: inherit; font-style: inherit;\">Know NCD \u2013 Investment Tips, TDS and Taxation<\/span><\/a><\/span><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">DHFL\u00a0NCD &#8211; Investment Options:<\/h2>\n<p style=\"text-align: justify;\">There are 10 options of investment in DHFL\u00a0Ltd NCD. The interest rates below are only for <strong>Retail\/HNI\/HUF\u00a0investors (Category III &amp; IV)<\/strong> as referred below.<\/p>\n<figure id=\"attachment_7253\" aria-describedby=\"caption-attachment-7253\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-7253\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-Ltd-NCD-\u2013-Investment-Options-August-16-1024x954.png\" alt=\"DHFL Ltd NCD \u2013 Investment Options - August 16\" width=\"757\" height=\"705\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-Ltd-NCD-\u2013-Investment-Options-August-16-1024x954.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-Ltd-NCD-\u2013-Investment-Options-August-16-300x280.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-Ltd-NCD-\u2013-Investment-Options-August-16-768x716.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-Ltd-NCD-\u2013-Investment-Options-August-16.png 1384w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-7253\" class=\"wp-caption-text\"><strong>DHFL NCD \u2013 Investment Options &#8211; August 16<\/strong><\/figcaption><\/figure>\n<h3 style=\"text-align: justify;\">Option X &#8211; CPI Linked<\/h3>\n<p>DHFL is the first company to come out with CPI (Consumer Price Index)\u00a0linked coupon rate. CPI captures the inflation and is declared by Government of India.\u00a0Option X coupon rate is CPI + 4.18%.<\/p>\n<p>This is good option if you think the inflation is on the rise for next 2 years. However the coupon rate is floored at 8.9% and capped at 9.5%.<\/p>\n<h2 style=\"text-align: justify;\">DHFL\u00a0NCD &#8211; Who can Apply?<\/h2>\n<p style=\"text-align: justify;\">This issue is open to all Indian residents, HUFs and Institutions.<\/p>\n<ol style=\"text-align: justify;\">\n<li>Category I \u2013 QIB\u00a0Portion \u2013 20% of the issue is reserved<\/li>\n<li>Category II \u2013 Corporate\u00a0Portion \u2013 20% of the issue is reserved<\/li>\n<li>Category III \u2013 HNI\u00a0Portion\u00a0\u2013 30%\u00a0of the issue is reserved (Individuals\/ HUFs Application of more than Rs 10 lakhs)<\/li>\n<li>Category Iv &#8211;\u00a0Retail\u00a0Portion \u2013 30% of the issue is reserved<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">Why you should invest?<\/h2>\n<ol style=\"text-align: justify;\">\n<li>AAA Credit rating means negligible likely hood of credit default<\/li>\n<li>The <a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\">interest rates are almost 2% higher than regular bank FDs<\/a><\/li>\n<li>The company is doing well in last few years with consistent profits.<\/li>\n<li>This is secured NCD<\/li>\n<\/ol>\n<h2 style=\"text-align: justify;\">Why you should not invest?<\/h2>\n<ol style=\"text-align: justify;\">\n<li>In case the property market remains subdued for longer time, the home loan business can suffer. This might lead to rise in NPAs\u00a0and lower the rating of DHFL.<\/li>\n<li>Early exit might not give you the right privce as the liquidity on exchanges for NCDs are low. So invest only if you can hold till maturity.<\/li>\n<\/ol>\n<blockquote><p>Also Read:\u00a0<a href=\"http:\/\/www.apnaplan.com\/highest-interest-rate-on-recurring-deposits-rd\/\">Highest Interest Rate on Recurring Deposits<\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">How to Apply?<\/h2>\n<p style=\"text-align: justify;\">If you have Demat account apply through 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<blockquote>\n<p style=\"text-align: justify;\"><strong>Learn:\u00a0<\/strong><a href=\"http:\/\/www.apnaplan.com\/ipo-asba\/\">How to apply for NCD issues using ASBA?<\/a><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">In case you don&#8217;t have Demat Account, you can download the <a href=\"http:\/\/www.fountainheadindia.in\/FormPrinting\/FrmPrinting.aspx?IsBond=1&amp;IsVisible=0\" target=\"_blank\" rel=\"noopener\">application form from company site or Financial Institutions<\/a> and submit to collection centers.<\/p>\n<h2 style=\"text-align: justify;\">Recommendation:<\/h2>\n<ol style=\"text-align: justify;\">\n<li>DHFL NCD is AAA rated with attractive interest rate, so the\u00a0recommendation is to<strong> invest good part of your Fixed Income investment in this NCD Issue<\/strong><\/li>\n<li>You should always <strong>have diversified portfolio<\/strong> be it fixed deposit, NCD or equity investment<\/li>\n<li>Its good idea to <strong>remain invested till maturity<\/strong> because liquidity on exchanges are low and hence you would get lower than market value<\/li>\n<\/ol>\n<p style=\"text-align: justify;\"><em><strong>If you plan to invest in this issue, do it early as most NCD issues are over-subscribed before the end date.<\/strong><\/em><\/p>\n<figure id=\"attachment_7268\" aria-describedby=\"caption-attachment-7268\" style=\"width: 697px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7268\" src=\"http:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-Advertisement.jpg\" alt=\"DHFL NCD Advertisement\" width=\"697\" height=\"747\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-Advertisement.jpg 697w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-Advertisement-280x300.jpg 280w\" sizes=\"(max-width: 697px) 100vw, 697px\" \/><figcaption id=\"caption-attachment-7268\" class=\"wp-caption-text\"><strong>DHFL NCD Advertisement<\/strong><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>DHFL (Deewan Housing Finance Ltd) is Third Largest Home Loan &amp; Housing Finance Company in India. The\u00a0company has come out with its first public issue of non-convertible debentures (NCD) offering up to 9.3% interest rate. The issue would open on August 3 and would close on August 16, 2016. DHFL\u00a0NCD \u2013 Significant Points: Offer Period:\u00a0August [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","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":"","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":[3036,3037,3038],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016.png",574,296,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016-300x155.png",300,155,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016.png",574,296,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016.png",574,296,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016.png",574,296,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016.png",574,296,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2016\/08\/DHFL-NCD-August-2016.png",120,62,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":1,"uagb_excerpt":"DHFL (Deewan Housing Finance Ltd) is Third Largest Home Loan &amp; Housing Finance Company in India. The\u00a0company has come out with its first public issue of non-convertible debentures (NCD) offering up to 9.3% interest rate. The issue would open on August 3 and would close on August 16, 2016. DHFL\u00a0NCD \u2013 Significant Points: Offer Period:\u00a0August&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7252"}],"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=7252"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/7252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/7267"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=7252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=7252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=7252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}