Bonds & Fixed Deposits

Bonds and Fixed Deposit products available on Wealthy — private bonds, state-guaranteed bonds, 54EC bonds, and commission rates.

Overview

Bonds and FDs serve an important role in client portfolios for risk management, capital preservation, short-term goals, and guaranteed income. They complement equity MFs and provide an additional revenue stream for partners.

Commission Rates

Product Commission Type
Fixed Deposits 1% to 1.7% Upfront (one-time)
Bonds 0.6% to 1.5% Upfront (one-time)

Available Bonds

Private Bonds

Issuer Maturity Coupon
ESAF Small Finance Bank 2031 11.30%
Aye Finance Private Ltd 2027 10.25%
MAS Financial Services Ltd 2029 10.75%
IIFL Samasta Finance 2028 9.75%
Vivriti Capital 2028 9.30%
Navi Finserv 2028 10.75%

State Guaranteed Bonds

Issuer Maturity Coupon
Kerala Infrastructure Investment Fund Board 2030 9.67%
Kerala Infrastructure Investment Fund Board 2032 9.67%

High Rated Bonds

Issuer Maturity Coupon
Piramal Finance 2031 6.75%
Hinduja Leyland Finance 2030 9.25%

54EC Bonds (Capital Gains Tax Saving)

  • REC
  • PFC
  • IRFC

When to Recommend Bonds & FDs

  • Risk management — For conservative clients or conservative allocation
  • Capital preservation — When protecting principal is priority
  • Short-term goals — 1-3 year horizon
  • Guaranteed income — Regular coupon payments
  • Tax planning — 54EC bonds for capital gains tax exemption

Ideal approach: Recommend a mix of MFs and Bonds/FDs based on client goals and risk appetite. Both have a place in a well-diversified portfolio.