Sharekhan Mailer | IDFC INFRASTRUCTURE BOND | 1. Govt Of India is the largest share holder in IDFC. 2. IDFC is the fastest growing infrastructure financing company in India. 3. Fully Secured (backed by assets of IDFC) Instrument with highest credit rating. 4. Earn 8 % interest rate (tax savings effective yield of 9.19% to 17.85%). 5. Tax deduction of Rs. 20,000 u/s 80CCF is over and above section 80C limit of Rs. 1,00,000. 6. Lock in of 5 Years. Bonds would be listed on NSE & BSE for trading after 5 years. 7. Minimum Investment Amount is Rs. 10,000 , no maximum limit. 8. No TDS will be deducted. Interest taxable as per investor's tax bracket. SPECIFIC TERMS FOR EACH SERIES OF BONDS UNDER THE SECOND TRANCHE Series | 1 | 2 | Frequency of Interest payment | Annual | Cumulative | Face Value per Bond | Rs. 5,000 | Rs. 5,000 | Buyback Facility | Yes | Yes | Buyback Date | Date falling five years and one day from the Deemed Date of Allotment | Date falling five years and one day from the Deemed Date of Allotment | Buyback Amount | Rs. 5,000 per Bond | Rs. 7,350 per Bond | Buyback Intimation Period | The period beginning not before nine months prior to the Buyback Date and ending not later than six months prior to the Buyback Date | The period beginning not before nine months prior to the Buyback Date and ending not later than six months prior to the Buyback Date | Maturity Date | 10 years from the Deemed Date of Allotment | 10 years from the Deemed Date of Allotment | Interest Rate | 8% p.a. | N.A | Maturity Amount per Bond | Rs. 5,000 | Rs. 10,800 | Yield on Maturity | 8 % | 8 % compounded annually | Yield on Buyback | 8 % | 8 % compounded annually |
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TAX ADJUSTED YIELD TO INVESTOR?S | Tax Adjusted Yield to Investors on Maturity on an Investment of Rs. 20,000 | Tax Adjusted Yield to Investors on Buyback on an Investment of Rs. 20,000 | Tax Slab 30.90% | 13.90% | 12.07% | Tax Slab 30.90% | 17.85% | 16.30% | Tax Slab 20.60% | 11.58% | 10.53% | Tax Slab 20.60% | 14.00% | 13.11% | Tax Slab 10.30% | 9.65% | 9.19% | Tax Slab 10.30% | 10.77% | 10.38% | Yield calculated assuming buyback of the Bonds on the Buyback Date.
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| CHEQUES IN FAVOUR OF: | 'IDFC Infra Bonds - Tranche 2' | | | For further details, please contact us on 1800 22 7500 (Toll Free) / 022 6115 1111 / (Local STD Code) 3970 7500. You may also visit your nearest Sharekhan Branch and collect the application forms. | | Sharekhan Ltd.: BSE Cash-INB011073351; F&O-INF011073351; NSE - INB/INF231073330; MAPIN - 100008375; DP: NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004; PMS INP000000662. Sharekhan Commodities Pvt. Ltd.: MCX-10080; NCDEX-00132; MAPIN - 100013912, for any complaints email at igc@sharekhan.com. Regd/Admin Add:- Lodha iThink Techno Campus, 10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Station, Kanjurmarg (East), Mumbai 400 042, Maharashtra. Please carefully read the risk disclosure document as prescribed by SEBI & FMC and Do's & Don'ts by NCDEX. Disclaimer: Sharekhan Limited is engaged as a distributor for distribution of IDFC Long Term Infrastructure Bonds. Sharekhan or any of its group concerns do not in any manner recommends any product or any of its characteristics. The client is advised to take his / her own independent decisions for investing in any financial product after understanding their respective nature and risk and returns involved. The client may also approach his / her own consultants for investing in financial products or in relation to the tax related aspects. We do not solicit any action based upon this promotional material. Please note that the product does not take into account any particular investment objectives, financial decisions or needs of individual recipients. Neither Sharekhan nor any person connected with Sharekhan accepts any liability arising out of investment suggested in the material above. All information relating to the product is obtained from IDFC Capital Ltd. |
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