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 ,

Comparison of Bond funds and Fixed Deposit

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

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