A HUF is a separate entity that can be created by members of a family, wherein the members are lineal ascendants or descendants.
A HUF can also provide loans to members and coparceners of the HUF for various purposes
IIB promises you with great investment plans that will give you a secure future with steady security. Our experts are here to provide you all possible help. All you need to do is give us a ring during our working hours, or write an email about any query and we'll guide with the best.
We're never falling out of bringing great choices of trending bonds for you. Browse through it all today!
CARE RATINGS LIMITED
Crisil & ICRA
CRISIL RATINGS LIMITED
CRISIL RATINGS LIMITED
CRISIL RATINGS LIMITED
A HUF (Hindu Undivided Family) is an exclusive tax entity created under the law to give recognition to the joint family in addition to the individual persons in the family
Since it is a separate entity, it can enjoy a basic tax exemption as per the Income Tax Act
Bonds pay coupons on a predefined regular interval. This enables us to manage our future liability in a more planned way.
Different bonds have different frequency of coupon payment viz monthly/quarterly/Half Yearly/Annually or on maturity. This flexible payment option enables to take care of future predefined liability and also offer higher yield.
By investing in the Bonds, the portfolio can be diversified based on the individual’s appetite.
The know your customer (KYC) process is mandatory for all types of investments, for which a nonindividual KYC form needs to be filled by the Karta. Let us check them out.
The PAN of Karta and HUF, deed of declaration of HUF or list of co-parceners, bank pass-book/statement in the name of HUF, photograph, proof of identification.
The Demat account opening form, along with the documents mentioned above, need to be submitted for opening the account. The Karta needs to sign the form under the HUF stamp.
Subscribe to get regular update on
the latest bonds & Debenture from
investment in bonds.
We provide financial planning, advice and resources that investors need. As the financial industry evolves and customer needs become more complex, we have and continue to reinvent, innovate and transform ourselves to be ready for the financial landscape of tomorrow.
Our team is led by Bhavanand Kumar Mishra who has outstanding expertise in the Bond Market, Forex. He is M.B.A, certified associate of Indian Institute of Bankers, certified treasury professional holder from IIBF, Mumbai. He has worked as Chief Dealer in almost all asset classes especially in the Fixed Income in the treasury, with twenty plus years of expertise including overseas experience at London & Birmingham in U.K. in the Punjab National Bank, which is the second largest PSU Bank in India. Mr. Mishra is supported by a team of young professionals.
The size of Indian Bond market is increasing substantially year on year basis and so the opportunity also multiplies. Indian Bond market consists of Central Government securities (G-Secs), State Development Loans (SDLs), Treasury Bills, these securities are also called as Sovereign assets classes. Particularly State Development Loans is a higher yield asset class and suitable for the retail investors. State Development Loans (SDLs) maintains 25 to 50 bps spread from the G-Secs in the respective maturities however, these spread is not sacrosanct and may vary depends on the multiple variables.
As far as Corporate Bonds are concerned, Public Sector Undertakings like PFC, REC, NABARD, NHAI, etc, Private Companies, NBFC are issuing multiple bonds round the year having different maturities. These corporate bonds carry substantial spread from the G-Sec.
Generally, before investing in Bank/Corporate Fixed Deposit, depositors compares the rate of different bank's offered rate of interest and then decides where to invest in. Generally, investors don't give importance to the fact that their deposits per bank is secured only up to INR 5 Lakh. Further, if the individual left with additional surplus money, he/she chooses to invest in the Debt MFs. In the debt MFs, there are multiple entry or/and exit load and other charges which makes their return less profitable than their direct investment in the bond. At the end of day, Fund Managers of the Debt MFs invest in the bonds only which are available in the market.
Summary - The diversification of the investment portfolio is the key to manage hard earned savings. While we don't negate the importance of Bank's Fixed Deposit, but at the same time we also don't appreciate investing all the money either in the Bank/Corporate FDs or in the MFs. In the modern era, when all the information are widely and easily available, we must change the investing habits a little bit to earn more without putting any extra effort. Interestingly, investing in the bond is quite easier than our believe as everything can be done sitting at the home.
Bonds are issued by organizations generally for a period of more than one year to raise money by borrowing. Following are the types of bonds:
In general, Bonds and Debentures are interchangeably used in conversation but they have their own definition and characteristics related to them.
Here is the list of popular Bonds and Debentures available in India.