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Dashboard / Fixed Income Securities /NCDs
DESCRIPTION
The salient features are as under
- IRR – ~9.75% for 24M
- IRR - ~10.00% for 36M
- Tax – LTCG @ 12.5% post 12M of holding from investment date
- Tenure – 24 Months & 36 Months
Growth of Rs.10 lakhs
- 24M – INR 12,04,500
- 36M – INR 13,31,000
Other Key Highlights
- Principal is protected at maturity
- Security – Senior and Secured
- Nature of the product – Listed rated non-convertible debenture
- Collateral backed - Secured by 1.33x cover on Redemption Amount initially against balance sheet assets and ultimately against specific assets
- Independent Trustee - Independent Trustee to look after Investor interest
- Issuer: ECap Equities Ltd. - 100% Subsidiary Of Edelweiss Financial Services Ltd