FIXED INCOME


Moneylife Digital Team 18 April 2016
MCA has responded to Moneylife Foundation's survey and memorandum of 1,500 plus complaints by asking the SFIO to examine non-payment of FDs by Helios & Matheson. In case of Jaiprakash Associates, Unitech and Plethico, the MCA has asked ROC to examine findings from the Moneylife...

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The NSSF invests its net collection as loans to central, state and union territory governments   The National Small Savings Fund (NSSF) loan rate to the Centre as well as states has been lowered to 8.8% from 9.5% following a recent cut in small savings interest rates, an official...

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The recent rate cuts are in line with declining G-Sec yields   PPF (public provident fund) interest rates have been reduced from 8.7% to 8.1%, effective 1 April 2016. PPF is in the EEE (exempt, exempt, exempt) category and, hence, the steep cut should not change the investment...

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New Delhi : In a decision that evoked immediate uproar by the salaried and self-employed class, the government on Friday slashed the interest rates on public provident fund (PPF) from 8.7 percent to 8.1 percent, soon after retracting the unpopular proposal to partially tax...

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Both NABARD and IRFC are offering 7.64% for 15-year tax-free bonds. NABARD bonds opened today, while IRFC will open on 10th March. The trend in recent issues may see both the issues being oversubscribed on the first day itself   The National Bank for Agriculture and Rural Development...

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More tax-free bonds are coming.   There will be a few opportunities to buy tax-free bonds till the end of FY15-16. National Bank for Agriculture and Rural Development (Nabard) is expected to raise Rs3,500 crore; it should be an interesting opportunity especially since Nabard has not...

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Moneylife Digital Team 17 February 2016
Moneylife Foundation has sent a memorandum to Arun Jaitley, highlighting how high profile companies like Helios Matheson and Jayprakash Associates have left their FD holders in a lurch   Tens of thousands of investors, including senior citizens, are stuck with fixed deposits in...

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Make use of the flexibility of the product to earn higher returns   Bank interest rates are on a decline. It means that interest on fixed deposits (FDs) and recurring deposits (RDs) is lower than what was offered a year ago. RDs give the same interest rate as FDs, for the same period....

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Top Bollywood celebrities opt for this investment route   Tax-free bonds, which took time to get fully subscribed two-three years ago despite higher rates than what they offer now, are getting oversubscribed on the first day of the issue, thanks to awareness of tax savings by...

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Bank FD is the most popular savings option, even when interest rates are on a decline. It is a safe and simple product. But you can get more out of your FDs?   A fixed deposit (FD) in a bank is an evergreen product. For your debt portfolio, there are options galore, such as tax-free...

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Tax-free offer of 7.53% to 7.74% may attract retail investors based on recent trends. HNIs have been much more aggressive even though they are offered 0.25% lower coupon. Find out why IREDA coupon is better than the previous issues   Indian Renewable Energy Development Agency...

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Make use of better interest rates while they last   Bank fixed deposit (FD) rates have been on a decline in the past year, after the Reserve Bank of India (RBI) started cutting rates. You can expect to get 7.25%-7.75%pa (per annum) for a five- to 10-year term. One year ago, FD rates...

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Should you go for debt mutual fund schemes, assuming that interest rates will go down further? Are tax-free bonds attractive still? Which corporate bonds and FDs look attractive?   Many investors would be cheering the rate cuts by the Reserve Bank of India (RBI) over the past year....

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IANS 10 December 2015
Investments by the Employees' Provident Fund Organisation (EPFO) are not backed by any government guarantees as these are subject to market movements, parliament was informed on Wednesday.   "The government has not provided any guarantee for such investments in the stock market, as...

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Tax-free offer of 7.32% to 7.53% may attract retail investors based on recent trends even though the coupon is lower than what was offered in 2012-13 and 2013-14. Interest rates in future will determine if the offer is an opportunity or not   Indian Railways Finance Corporation (IRFC)...

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The 10-year benchmark G-Sec yield has increased by nine basis points (bps) in the last fortnight to end at 7.64% on 30th October. Even after the 50bps cut in repo rate by RBI in September, the 10-year G-Sec yield have remained steady at 7.64%, primarily on sustained selling pressure from...

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Be Mindful of Capital Gains Tax   Tax-free bonds have caught the fancy of investors in the current market, as Reserve Bank of India (RBI) has been cutting the repo rate since January 2015 with a cumulative reduction to 125 basis points (bps). While the coupon rates for the recent...

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Moneylife Digital Team 29 October 2015
Sustained selling pressure from banks and corporates and net supply are the reasons as to why G-sec yields are not coming down despite a 50 bps rate cut, says a State Bank report   Even after the 50 basis points (bps) cut in repo rate by the Reserve Bank of India (RBI) last month, the...

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Moneylife Digital Team 26 October 2015
The 10-year benchmark G-Sec yield, has marginally risen to end at 7.55% on 16th October. The government may link the interest rate offered on small saving schemes to bank deposit rates of similar tenure or to a market-linked benchmark. Currently, the interest rates on small saving schemes are...

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Bond mutual fund schemes invest in debt securities. Tips on how to evaluate the soundness of such securities   The investment by JP Morgan Mutual Fund in the bonds of Amtek Auto, the subsequent downgrade of the firm’s credit rating and the fallout for investors getting stuck with...

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