Oct 2015 Economic Times
“Investors should opt for the growth option, where accumulated interest will earn the yield of the underlying security.”
Preference shares can be source of regular income for fixed income investors in a falling interest rate environment
Non-convertible debentures are held in demat form and hence offer many advantages over the traditional fixed deposits.
Though finance minister has announced issuance of tax free bonds in FY 15-16, it makes sense to buy bonds from secondary market. Listed bonds are expected to offer double digit returns which should make them better investment opportunity.