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Grip, a platform for alternative investments has launched ‘Corporate Bonds’ that invest in A+ rated debt securities.
In a press release, the company said that the minimum amount to invest is Rs.10,000 in the fund which has a potential to deliver returns between 8 and 11% with maturity of 12-36 months.
Nikhil Aggarwal, founder and CEO, Grip, said, "With a strong community of over 3 lakh investors, our endeavour is to innovate and democratise alternative investment options on a regular basis for them. Corporate Bonds are yet another opportunity for investors to generate attractive returns as these are secured and rated financial instruments, listed on the stock exchanges, and offer inflation-beating returns with lesser volatility, compared to equity markets.”
