Hi Manish

My investment advisor(citi advisor) today suggested Market linked debenture instrument to me. His selling point was that rates are better than FD, capital is secured, risk is low than equity and tax is lesser than a traditional FD. The only catch is that money will be locked for a period of 12-14 months. Read an article that says retails investors should stay away from such instruments and focus more of FDs. But it did not give an depth in the suggestions.

I want to know if i should go for this and what all i should consider if i should have a shot at this. I am a traditional investor in FD & SIPs, but the ticket size for this investment is 10 lakhs which is a pretty high investment amount.