Non-Convertible Debentures(NCDs)
These are fixed income instruments. The NDC’s are usually issued by high-rates companies to accumulate a long term public appreciation. The interest rates in NCD’s are relatively higher. Again, there are risks involved and one should consult an expert before investing.
![ncd`s Non-Convertible Debentures(NCDs)](https://investgate.in/wp-content/uploads/2021/05/ncds-550x350.jpg)