I am looking forward to invest in Long term Infra bonds to get 80CCF benifit of IT.
Can you please help me explain the risks involved in investing in Infra bonds like L&T etc. For example L&T is offering 8.7 % interest on investment, will this be fixed. I mean is confirmed that investing 10,000 in that will return me with maturity amount at 8.7% or this is variable depending upon market.
What are the risks involved in infra bonds and what all things we need to take care before investing in them?
CAclubindia
