Hi All,
I am looking at investing L&T Infrastructure bonds which is to be listed again on Feb 7th 2011. Is it worth investing, if i am not investing for tax saving.?
I did a small calculation like with the offering
Initial Amount Rs. 10000
Interest 8.30%
Period 10yrs.
Ending Amount : 22196.50
And with Kisan Vikas Pathra.
it's Rs. 10000 with 8.7yrs it's double.
Am i doing anything wrong in calculation.?.
If not it looks like Kisan VIkas Pathra is far better and safe option then L&T.
Can you guys advice me on this.
-Dinakaran.AS
I am looking at investing L&T Infrastructure bonds which is to be listed again on Feb 7th 2011. Is it worth investing, if i am not investing for tax saving.?
I did a small calculation like with the offering
Initial Amount Rs. 10000
Interest 8.30%
Period 10yrs.
Ending Amount : 22196.50
And with Kisan Vikas Pathra.
it's Rs. 10000 with 8.7yrs it's double.
Am i doing anything wrong in calculation.?.
If not it looks like Kisan VIkas Pathra is far better and safe option then L&T.
Can you guys advice me on this.
-Dinakaran.AS