A. Corporate Bonds
Issued by Companies, Offer interest income with varying levels of risk
A. Corporate Bonds
Issued by Companies, Offer interest income with varying levels of riskHigh Yield bonds
|
Bond
|
Rating
|
Principal Maturity
|
Interest Payout
|
Coupon rate
|
Yield
|
Minimum Investment
|
|---|---|---|---|---|---|---|
|
A BY IND RATINGS
|
21-May-27
|
21st of EVERY MONTH
|
10.60%
|
10.61%
|
10,000
|
|
|
BBB+ BY CARE
|
20-Oct-2027
(PARTIAL REDEMPTION OF 33.33% on 20-Aug-2027 & 20-Sep-2027 & 33.33% on 20-Oct-2027) |
20TH OF EVERY MONTH
|
10.95%
|
10.75%
|
1 lacs
|
|
|
A- BY Infomerics
|
30-OCT-2027
|
01st of Every Month
|
9.75%
|
10.75%
|
1,000
|
|
|
A BY CRISIL
|
19-AUG-2028
|
19TH OF EVERY MONTH
|
10.75%
|
10.65%
|
10,000
|
|
|
A BY IND RATINGS
|
30-June-2027
|
30th OF EVERY MONTH
|
10.25%
|
10.50%
|
1 Lac
|
|
|
A BY CRISIL
|
23-Dec-2027
(Partial Redemption of 25% starting from 28-Aug-2027 till 02-Dec-2027) |
28th OF EVERY MONTH
|
10.50%
|
10.80%
|
1 Lac
|
|
|
A BY IND RATINGS
|
07-FEB-2028
|
07TH OF EVERY MONTH
|
10.62%
|
10.60%
|
1 Lac
|
|
|
AKARA CAPITAL ADVISORS PRIVATE LIMITED 2027 (SECURED)
|
BBB BY ICRA
|
13-April-2027
|
13th of Every month
|
12.00%
|
13.50%
|
10,000
|
Medium Yield Bonds
|
Bond
|
Rating
|
Principal Maturity
|
Interest Payout
|
Coupon rate
|
Yield
|
Face Value
|
|---|---|---|---|---|---|---|
|
HDB FINANCIAL SERVICES LIMITED 2028 (SECURED)
|
AAA BY CRISIL & CARE
|
5-Jan-28
|
05-Jan
|
7.96%
|
7.74%
|
1 Lacs
|
|
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED 2028 (SECURED)
|
AAA BY CRISIL & CARE
|
|||||
B. Government Bonds
Issued by Governments, safe with fixed interest payments and principal returns
B. Government Bonds
Issued by Governments, safe with fixed interest payments and principal returns|
Bond
|
Rating
|
Principal Maturity
|
Interest Payout
|
Coupon rate
|
Yield
|
Face Value
|
|---|---|---|---|---|---|---|
|
TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED 2029 (SECURED)
|
AA (CE) BY IND RATINGS
|
30-MAR-2029 : 25%
29-JUN-2029 : 25% 28-SEP-2029 : 25% 31-DEC-2029 : 25% |
31-MAR
30-JUN 30-SEP 31-DEC |
9.35%
|
8.93%
|
1 Lacs
|
|
U.P. POWER CORPORATION LIMITED 2028 (SECURED)
|
A+(CE) BY CRISIL & IND RATINGS
|
30-JUN-2027 : 25%
30-SEP-2027 : 25% 31-DEC-2027 : 25% 31-MAR-2028 : 25% |
30-JUN
30-SEP 31-DEC 31-MAR |
9.95%
|
8.69%
|
10 Lacs
|
|
KERALA INFRASTRUCTURE INVESTMENT FUND BOARD 2028 (UNSECURED)
|
AA (CE) BY ACUITE & IND RATINGS
|
30-MAR-2028 : 25%
30-JUN-2028 : 25% 30-SEP-2028 : 25% 30-DEC-2028 : 25% |
30-MAR
30-JUN 30-SEP 30-DEC |
9.42%
|
9.64%
|
1 Lacs
|
C. Public Sector Bonds
Issued by organizations where the government holds more than 50% ownership.
C. Public Sector Bonds
Issued by organizations where the government holds more than 50% ownership.|
Bond
|
Rating
|
Principal Maturity
|
Interest Payout
|
Coupon rate
|
Yield
|
Face Value
|
|---|---|---|---|---|---|---|
|
STATE BANK OF INDIA TIER-2
|
AAA BY CRISIL, ICRA & IND RATINGS
|
|||||
|
REC PERP
|
AAA BY CRISIL & CARE
|
28-Feb
|
||||
|
BANK OF INDIA PERP
|
AA BY CRISIL & AA+ BY ACUITE
|
CALL : 28-JAN-2026
|
8.06%
|
10 Lacs
|
||
D. Tax Free Bonds
Issued by PSU. The interest income earned from investment in these bonds is 100% tax exempted
D. Tax Free Bonds
Issued by PSU. The interest income earned from investment in these bonds is 100% tax exemptedNote:
- The above mentioned rate are indicative. Kindly confirm rate as well as availability of bond before finalising the deal.
- Investments in debt securities / municipal debt securities / securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.
Frequently asked Questions (FAQ)
1. What are the unique features of AK Investments? Why should I consider buying Bonds from AK Investments?
Here are a few unique features of the AK Investments:
- AK Investments has the most curated collection of bonds and debentures on its platform. It’s associated with various platform like A. K. Stockmarket Private Limited, BondBazaar etc. So customers get access to best bonds available in the Bond market at any given time.
- AK Investments takes care of the entire bond investment process starting from KYC processing until bond units get transferred to the customer's Demat account
- AK Investment provides regular early alerts for interest payout, through emails, to enable you to manage your fund flows. The AK Investments app , help you to track the payout, TDS and maturity date on the go.
- AK Investment, regular news and updates, on bond market helps you to be stay updated on the developments in the bond market and your investments.
2. What are the differences between Bonds and Debt Mutual Fund?
Bonds are debt securities issued by entities like corporates or government organizations for a predefined duration. Debt Mutual Funds are Mutual Funds that invest in debt securities such as Bonds, Debentures, Commercial Papers, and other Fixed Income Securities. Debt MFs are an indirect way of investing in Bonds. For fixed investment needs, it is always better to invest in Bonds than Debt MFs. Refer to the table below: it reads the differences between Bonds and Debt Mutual Funds.
|
Criteria
|
Bonds & Debentures
|
Debt Mutual Funds
|
|---|---|---|
|
Fixed Returns
|
100% Fixed Till Maturity of Bonds
|
Volatile – Investor exposed to Mark to market Risk
|
|
Level of Returns
|
Better returns that are fixed
AAA: 7.5% - 8%, AA: 9% -11%, A to BBB: 10%- 12% (approx.)
|
90% of Debt Mutual Funds give lower returns that this
|
|
Functional Advantage
|
Interest payments hits Investors Bank account on prescheduled dates. No hassle.
|
No gains / income till MF is sold. Most investors don’t know when to sell or miss the chance. Their MF advisor never advise them when to sell
|
|
Transparency
|
Investor has all the details of issuer and issue. Aware of risk levels clearly
|
Complete black box. Impossible for retail investor to check and examine MF portfolio of debt.
|
3. Can there be any risk in Bond Investment?
Considering the Risk Pyramid, Bonds fall into the category of low-risk securities just like Fixed Deposits. There are a couple of risks involved.
- Default risk: The loss that an investor faces when issuer defaults(fail to return principal amount or Interest payments or both)
- Liquidity risk: This loss comes into picture only when an investor wants to sell bonds before maturity. This loss is incurred by the investor when he/she finds no buyer for their bonds and hence sells them at a discount
- Interest-rate Risk: If interest rates increase, the price of the Bond decreases. At this time, the investor wants to sell the bonds he/she has to sell at a discount price. However, the flip side is that, if the interest rates in the economy decrease, bonds’ selling price will increase. At such a time, an investor can make capital gains by selling his bonds at a premium to his buy price.
4. What happens to my investment if AK Investments shuts down?
Rest assured that your investment is safe. AK Investments is an enabler of transactions in bonds. Even in the unlikely case of us shutting down in the future due to some unforeseen circumstances, your investments will remain intact. You will continue to hold your Bond units in your Demat account and receive the Bonds’ regular interest payouts into your Bank Account. On maturity, the Bond’s face value will be credited to your bank account, as well.
5. Investment Process
A. What is the process for investment through AK Investments?
There are two options for Investments:
- Option 1 - The KYC (Know Your Customer) process, which verifies your identity. All documents required for the investment are processed by A K Stockmarket Private Ltd / Bond Bazaar. For Bonds purchase, the investment amount needs to be transferred to the counterparty settlement authorities (ICCL/ NSCCL) Bank Account held with Reserve Bank of India. The money transfer mode is compulsorily RTGS. The units will be transferred to your Demat account. A deal sheet will be generated before the transfer of funds, to verify all the details of investments to be made.
- Option 2 – The bonds are purchased by AK Investments and are transferred in your KYC complied demat account, through offline transfer, so that you have a smooth and hassle-free investing experience. A deal sheet will be generated before the transfer of funds, to verify all the details of investments to be made.
B. Do I have to transfer money to AKS to invest?
- For first option, you need to transfer the investment amount to the counterparty settlement authority’s (ICCL/ NSCCL) Bank Account held with Reserve Bank of India. The money transfer mode is compulsorily RTGS.
- For Second option, you need to transfer the investment amount to AK Investments current account maintained with Kotak Mahindra Bank.
C. What is the minimum investment amount?
You can start investing in bonds for as low as Rs. 10,000. However, it could vary depending on your investment choice.
D. What are account details for ICCL where I can transfer the amount?
Here are the account details of ICCL
|
Beneficiary Name
|
ICCL
|
|---|---|
|
Bank name
|
Reserve Bank Of India
|
|
IFSC
|
ICLL0000001
|
|
Account No
|
8715962
|
|
Branch
|
Fort Mumbai
|
E. How much time does it take for a transaction to complete?
Here are the account details of ICCL
- Option 1 - For Bonds and Debentures purchased via ICCL/NSCCL, the units are transferred to your Demat account on the same day when the RTGS payment is made.
- Option 2 - For Bonds and Debentures purchased via AK Investments, the units are transferred to your Demat account on the next day when the RTGS payment is made.
F. How long will it take for the units to reflect in my account?
Units will be transferred to the customer’s Demat account on the same day / next day of payment, depending on option adopted. However, in some rare cases, units may not appear in the customer’s Demat account on the same day. In such a scenario, customers can request their Broker for a consolidated holding statement.
6. Interest Payments and Returns
A. Once a Bond matures, how do I get my money back?
For Bonds/Debentures, the money automatically gets remitted to your bank account attached to Demat account on the date of maturity. No need to give any sought of request.
B. Where will I receive my interest payment?
The Interest payouts from Bonds get credited to the Bond Holder’s Bank account that is attached to his/her Demat account.
C. Can there be a delay in getting interest payouts on bond investment?
Generally, there wouldn’t be a delay in interest payouts. Exemptions are public holidays or unforeseen circumstances. In case the issuer delays in paying interest or principal amount on maturity, then the issuer may have to pay some additional interest as a penalty along with the due interest amount to the bondholder. The specifics around this delay in payment are explicitly mentioned in the Information Memorandum of every Bond.
D. What happens when the bank does not exercise the call date?
If the issuer doesn’t exercise the call date, the investor continues to get interest payouts until bonds mature or are called back by the issuer later.
E. How can I change my bank details for interest payment?
To change the bank details, you need to reach your Demat provider; they will facilitate it.
F. How would I know about Interest Payment(IP) date and Interest Payment Amount? How can I get details on cash flow from a Bond?
The details like IP dates, IP amount, and cash flow are shown in the deal sheet executed at the time of purchase. Alternatively, an investor can read up the Information Memorandum of a Bond to know about these details. AK Investment provides regular early alerts for interest payout, through emails, to enable you to manage your fund flows. The AK Investments app , help you to track the payout, TDS and maturity date on the go.
G. How can I sell bonds before the maturity date?
If you want to sell Bonds before maturity, you can put them up for sale on BSE/NSE. Alternatively, you can reach out to AK Investments. AK Investments will help you to sell your bonds.
7. Where can I contact for any further clarifications?
For any further details / clarification,