June 2017 Economic Times
“There is a bit of scepticism over its future dividend payments.”
“Some worried investors are making queries of their investments in such schemes.”
Some financial planners suggest investment in Government of India’s 8% Savings (Taxable) Bonds, which offer an interest rate of 8 per cent per annum.
Investments in tax-free bonds in the past year would have fetched you as much returns as mid and small-cap equity schemes -the best performing mutual fund category. The bonds have returned 25-27% on an annualised basis led by a sharp rally in the bond market of late.