Hi ST/Senior members
Other than direct secondary market investment, I would like to invest in debt/bond markets.
Upon researching about it, I came across JM financials 10.5% NCD currently open which has a AA rating from ICRA and CRISIL.
I’m not panicking about that happened with DHFL/ ILFS, but trying to understand how much these ratings can change overnight and is it relatively safer to have as a part of diversified portfolio. I understand that all market related entities has an inherent risk, but would like to park money for the next 3-5 yrs elsewhere in addition to my stocks and FD investment.
Kindly provide your thoughts around this.
Thanks in advance.
Sent from my iPhone using Tapatalk
Other than direct secondary market investment, I would like to invest in debt/bond markets.
Upon researching about it, I came across JM financials 10.5% NCD currently open which has a AA rating from ICRA and CRISIL.
I’m not panicking about that happened with DHFL/ ILFS, but trying to understand how much these ratings can change overnight and is it relatively safer to have as a part of diversified portfolio. I understand that all market related entities has an inherent risk, but would like to park money for the next 3-5 yrs elsewhere in addition to my stocks and FD investment.
Kindly provide your thoughts around this.
Thanks in advance.
Sent from my iPhone using Tapatalk