Adani Enterprises’ NCDs to Offer Around 9.99% Returns, Higher Than FDs, Says Adani CFO

Key Takeaways:

• Adani Enterprises’ non-convertible debentures (NCDs) to offer around 9.99% returns.
• The interest rate is higher than the returns offered by fixed deposits (FDs).
• NCDs have a maturity period of 3 years.

Details of the NCD Offer:

Adani Enterprises, a leading infrastructure conglomerate, is set to issue NCDs with an interest rate of around 9.99%. This rate is higher than the returns offered by FDs from most banks. The NCDs will have a maturity period of 3 years.

Benefits of Investing in Adani Enterprises’ NCDs:

There are several benefits to investing in Adani Enterprises’ NCDs, including:

• Higher returns than FDs.
• Reputable issuer with a strong track record.
• Diversification of investment portfolio.

Risks of Investing in NCDs:

As with any investment, there are also some risks associated with investing in NCDs. These risks include:

• Interest rate risk.
• Credit risk.
• Liquidity risk.

Who Should Invest in Adani Enterprises’ NCDs?

NCDs are suitable for investors who are looking for a fixed income investment with a higher return than FDs. They are also a good option for investors who are looking to diversify their investment portfolio.

How to Invest in Adani Enterprises’ NCDs?

Investors can invest in Adani Enterprises’ NCDs through their bank or investment advisor. The NCDs will be listed on the National Stock Exchange of India (NSE).

Disclaimer:

This article is for informational purposes only and should not be construed as financial advice. Investors should consult with a qualified financial advisor before making any investment decisions.