FAQs

Bonds

06 Mar 2003

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tPara"> Bonds can be broadly classified into:

Tax-Saving Bonds:

These offer tax exemption up to a specified amount of investment. Examples are:

  • ICICI Infrastructure Bonds under Section 88 of the Income Tax Act, 1961.
  • NABARD/ NHAI/REC Bonds under Section 54EC of the Income Tax Act, 1961.
  • RBI Tax Relief Bonds.

Regular Income Bonds:

Regular-Income Bonds, as the name suggests, are meant to provide a stable source of income at regular, pre-determined intervals. Examples are:

  • Double Your Money Bond.
  • Step-Up Interest Bond.
  • Retirement Bond.
  • Encash Bond.
  • Education Bonds.
  • Money Multiplier Bonds/Deep Discount Bond.

Virtus Wealth
Virtus Distributors and Services Private Limited
AMFI Registered Mutual Fund Distributor

ARN- 154297 (28/09/2024- 27-09-2027)
APRN-01691 (26/08/2026 till 25/08/2029)

Virtus Distributors and Services Private Limited, holding ARN-154297, is a registered Mutual Fund Distributor with AMFI. The company is also registered with the Association of Portfolio Managers in India (APMI) under APRN-APRN01691  for the distribution of Portfolio Management Services (PMS) products. Investments in Mutual Funds are subject to Market Risks.
Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

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