Fixed Income Investments

Non-Convertible Debentures (NCDs)

At Finzen Capital, we offer access to Non-Convertible Debentures (NCDs) – a compelling fixed‑income investment option that provides higher yields than traditional bank fixed deposits while offering regular interest income and listed liquidity. NCDs are debt instruments issued by companies to raise capital, with the promise to repay the principal along with interest at a predetermined rate.

Whether you are a retail investor seeking better returns than FDs, or a high‑net‑worth individual looking to diversify your fixed‑income portfolio, our team helps you identify high‑quality NCDs issued by reputed companies with strong credit ratings. We guide you through credit analysis, tenure selection, and interest payout options to match your financial goals.

Finzen Capital Non-Convertible Debentures
Why NCDs

Benefits of Investing in Non-Convertible Debentures

NCDs offer a powerful alternative to traditional fixed deposits, with higher yields, better liquidity, and flexible interest options – making them a smart choice for fixed‑income investors.

Higher Yields

NCDs typically offer interest rates that are 1–3% higher than bank fixed deposits, making them an attractive option for investors seeking enhanced income from their fixed‑income portfolio.

Listed Liquidity

NCDs are listed on stock exchanges, allowing you to buy or sell them at prevailing market prices, offering better liquidity than traditional fixed deposits.

Flexible Tenures

Choose from a wide range of tenures – from 1 year to 10 years – to match your investment horizon and liquidity requirements.

Regular Interest Income

NCDs offer multiple interest payout options – annual, half‑yearly, or cumulative – allowing you to align your cash flows with your income needs.

Credit Rated

NCDs are rated by agencies like CRISIL, ICRA, and CARE, providing transparent credit quality assessment. We help you select investment‑grade NCDs with strong ratings.

Portfolio Diversification

Adding NCDs to your portfolio provides diversification beyond equities and mutual funds, reducing overall portfolio volatility and enhancing risk‑adjusted returns.

Investment Options

Types of NCD Investment Options We Offer

Choose from a range of NCD investment options to match your risk tolerance, return expectations, and liquidity needs.

Corporate NCDs (Public Issuance)

Invest in NCDs offered by corporates through public issues. These are typically rated by credit rating agencies and offer fixed or floating interest rates, with tenures ranging from 1 to 10 years.

Listed NCDs (Secondary Market)

Buy NCDs through the secondary market on stock exchanges. This gives you the flexibility to enter or exit positions at prevailing market prices and potentially benefit from price appreciation.

Cumulative & Non-Cumulative NCDs

Cumulative – Interest is reinvested and paid at maturity, offering the benefit of compounding.
Non-Cumulative – Interest is paid out periodically (annual, half‑yearly, or quarterly), providing regular income.

High-Yield NCDs (Lower Ratings)

For investors with higher risk appetite, we offer access to high‑yield NCDs with lower credit ratings (A, BBB, etc.) that offer significantly higher interest rates compared to AAA‑rated issuances.

Customised NCD Portfolios

Our experts build customised NCD portfolios based on your risk‑return profile, income requirements, and investment horizon. We help you diversify across issuers, sectors, tenures, and credit ratings to optimise your fixed‑income allocation.

Deep Dive

Understanding NCD Essentials

Ready to Start Your NCD Investment Journey?

Connect with our experts to explore high‑quality NCD opportunities that offer attractive yields, flexible tenures, and regular income.

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