Long-term bonding - 10 year NSC

Dear Comrades,

As the 10-year bond yield touches 8.7%, the debt market appears to be a good bet for long-term investors as it offers multiple options. While one can lock in funds in infrastructure bonds for 10 years, the recently notified 10-year National Savings Certificates of India Post are also a viable option for retail investors. Non-banking infrastructure finance companies are launching tax-saving infrastructure bonds, which give tax incentives. Under Section 80CCF, any individual can invest up to R20,000 in infrastructure bonds issued by certain institutions as notified by the RBI to avail tax benefit. It will be over and above the R1 lakh deduction allowed under Sections 80C, 80CCC and 80CCD. .........

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