Hi
I have come across an investment instrument called Market Linked Debentures (MLD) . The MLD which are being offered by a company named InCred Money have some of the following features:
- 100% Principal Protection at Maturity
- Get 1.5x Nifty 50 Index
Returns - Credit rating CRISIL PP MLD A+ Stable
- Anytime liquidity
- Maturity period of 26 months
- Returns between 0% to 33%
Some of the documents related to these market instruments are attached here.
InCred Finance Dec-23.pdf (1.6 MB)
RatingRationale_MLD.pdf (1.1 MB)
InCred_Finance_Dec_Financials.pdf (1.0 MB)
1.5x Nifty MLD PPT_.pdf (2.2 MB)
Detailed and latest company prospectus:
MLD are available to invest at the link:
https://bonds.incredmoney.com/platform/#/incredmoney-asset/mld/mld3
Has anyone has prior experience of investing into these instruments or with this company? Should I make my investment here?