FREE Account Opening + No Clearing Fees

What are perpetual debt instruments?

Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Perpetual debt instruments are debt funds with no maturity date. The issuer keeps paying interest forever till either the company dissolves, closes down, or till the investor holds the bond.

The aggregate ceiling of holding in Perpetual Debt Instruments should not exceed 24 percent of each issue and investment by a single NRI should not exceed 5 percent of each issue.


Add a public comment...