Is this trustable offered by IIFL SECURITIES

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? -
Where can I buy G-Secs?
Will the returns be same? Are you mad or just greedy?

1 Like