IIFL is in a huge debt crises which crushed indian market since Aug 2018… you will get to know similar liquidity case on other NBFCs soon…
Is this NCD risky? Yes
Can I lose all my money? Yes
Has this happend before? Yes
Which company? DHFL, CCD, BILT, JSPL, RHFL etc.
Should I invest? If you can sleep peacefully even if you lose all your money then, yes.
No I can’t sleep peacefully, where should I invest? PSU bonds or G-Secs.
Where can I buy PSU bonds? -https://www.goldenpi.com/home
Where can I buy G-Secs? https://coin.zerodha.com/gsec
Will the returns be same? Are you mad or just greedy?
1 Like