FRBs come in different types of structures. FRBs with cap and floors, step-up structures, inverse structures, etc. tend to behave differently.
At a time when most fixed income instruments are offering negative real returns, small saving schemes are offering positive real returns
RBI's floating rate bonds are offered by the government of India and bear a 7.15% interest rate.
Amit Kukreja, founder, Amitkukreja.com, told Money9 that people can opt for a zero default product called RBI Floating Rate Bonds
With rising costs of living nibbling at their savings fund, here are a few options for senior citizens that offer better returns than bank deposits
Do not invest more than 10% of your total portfolio in one company, said Chopra, group director, financial wellbeing, Bajaj Capital