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POSTED BY ON July 27, 2011 12:55 pm COMMENTS (3)
Looking for Good Infrastructure bond for investment for FY2011-12:
Taking following consideration into account:
1. Tax saving (for 30% bracket)
2. Good returns
3. Comparison with the FD with 9.5 % of returns.
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Since I recommended IDFC bonds I am just disclosing I have an interest in that company, as an existing shareholder. I am disclosing this as part of my own personal code of ethics!
If your uesion is generic and not related to my response:
Stocks and Bonds returns generally are inversely related. If stocks go up then people pump more and more money into stocks and demand for bonds fall and bond values fall. Alternately when stocks come crashing people flock to bonds because of the returns.
How are bond and stock prices related?
All Infra bonds will come with 8.5% to 8.75% range only. It will not beat FD return for now.
Go with IDFC bonds in the next tranche as the firm is financially very stable
Personal Disclosure:
I am long IDFC stock since July 2011. Average entry price 144. CUrrent market price ~ 116