Corporate bonds

Hi everyone,

I have 5 lakhs corpus which I am willing to invest. I saw some corporate bonds giving 11% interest on wint wealth. Has anyone invested in it? Is it a safe option?
You can also suggest other options as well.

1mo ago
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SleepyBurrito
SleepyBurrito

Put it in a large/midcap MF and forget it.

If you want guaranteed returns then you'll have to make do with lesser returns.

If someone is offering 11% when FD is 6%, you have to check if the risk taken is worth the 5% extra. If you are taking equity level risk for 5% more, you might as well buy an equity Mf

BouncyPotato
BouncyPotato

Thanks for suggestion. My idea was to invest the interest earned monthly from bond into a sip.

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