Investors in stock markets and Mutual Funds have been a happier lot over the last year with both of the investment avenues generating good returns. But are these the only investor class who are celebrating?
Well, investors in tax-free bonds have got their own reasons to cheer too. Tax-free bonds issued in 2013 and earlier have clocked returns up to 25%.
The 20-year tax-free bond from the National Housing Bank (NHB), issued at Rs. 5, 000 almost a year back is now being quoted at Rs. 6,225 (returns of 24.5%). Same has been the case with other bonds issued around the same time.
What’s the reason for the success story?
The main reason for the big time returns from the tax-free bonds is attributed to the lack of new tax-free bonds in this year’s budget. Also, the revised tax rules for debt-mutual funds had more HNIs investing in these bonds.
Should you sell your bonds now? Click here to know the answer and access the entire report:
http://articles.economictimes.indiatimes.com/2014-10-27/news/55483078_1_tax-free-bonds-high-yield-bonds-vikram-dalal
Well, investors in tax-free bonds have got their own reasons to cheer too. Tax-free bonds issued in 2013 and earlier have clocked returns up to 25%.
The 20-year tax-free bond from the National Housing Bank (NHB), issued at Rs. 5, 000 almost a year back is now being quoted at Rs. 6,225 (returns of 24.5%). Same has been the case with other bonds issued around the same time.
What’s the reason for the success story?
The main reason for the big time returns from the tax-free bonds is attributed to the lack of new tax-free bonds in this year’s budget. Also, the revised tax rules for debt-mutual funds had more HNIs investing in these bonds.
Should you sell your bonds now? Click here to know the answer and access the entire report:
http://articles.economictimes.indiatimes.com/2014-10-27/news/55483078_1_tax-free-bonds-high-yield-bonds-vikram-dalal
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