Zerodha Corporate bonds NCD

Corporate bonds on Zerodha

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Zerodha offers corporate bonds through its bonds platform (https://zerodha.com/bonds/) :

TypeCoverage
AAA-rated corporate bondsYes; primary focus
AA / lower ratedLimited; risk disclosed
Tax-free bondsYes (HUDCO, NHAI, REC, etc.)
NCDs (Non-Convertible Debentures)Yes for select issues
54EC bonds (REC / PFC capital gains)Yes
Perpetual bonds (AT1)Selective

Typical features

  • Minimum: Rs 10,000 face value (or per-bond minimum).
  • Tenor: 1-15 years typically.
  • Coupon: Fixed or floating.
  • Liquidity: Primary issue allotment; limited secondary market.

How to buy

  1. Browse zerodha.com/bonds for available issues.
  2. Click “Invest” → connects to Zerodha trading account.
  3. Confirm KYC; select quantity; place order.
  4. Funds debited; bonds credited to demat.

Risks

  • Credit risk: Lower-rated bonds can default.
  • Interest-rate risk: Bond prices move inverse to rates.
  • Liquidity risk: Selling before maturity may face wide spreads.
  • Reinvestment risk: Coupons reinvested at lower rates if rates fall.

For complex portfolios, consult a SEBI-registered Investment Adviser.

See also

External references

References

  1. Zerodha, Bonds platform, zerodha.com/bonds/.
  2. SEBI, Debt market regulations, sebi.gov.in.

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