Invest in highest yield AAA corporate bonds. Get a fixed periodic interest payments.
There are Also Capital Gain Bonds Which Offer Tax Benefits .
To Know The Latest Offerings ,
|Bond Funds||Fixed Deposit|
|Can be adjusted to inflation||cannot be adjusted to inflation|
|No TDS||TDS at source|
|Tax payable only at redemption||Tax to be declared and payable every year|
|Double and Triple indexation possible if invested in march and sold after 3 year||No such advantages|
|Redemption date can be deferred accordingto the needs||Mandatorily maturity amount has to be taken or reinvested at current rate|
|Regulated by SEBI||Regulated by RBI|