Should You Invest In Muthoot Finance NCDs With 8% interest rate?

TeknikalRaman

Finance & Business

POSTED BY: Ranjeet Kumar  PUBLISHED: Jun 17, 22

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Muthoot Finance recently announced that it will raise Rs 300 crore through a public offering of secured redeemable non-convertible debt (NCDs)

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Points to keep in mind before investing in Muthoot Finance NCD.

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What are NCDs?

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Non-convertible debentures are financial instruments that are used by businesses to raise long-term capital.

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Because they cannot be converted into equity or stocks, they are referred to as non-convertible debt instruments (NCDs).

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Should you invest in Muthoot Finance NCDs?

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Muthoot Finance promise to offers 8% interest rate. First check the fundamental of  Muthoot Finance

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Second check that company has successfully raised funds and settled debts in the past.

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Third check that company’s high interest rate is backed by a decent credit rating

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Muthoot Finance NCD Details and Interest

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