Finance Guru Speaks: This article will guide you on how you can invest in Wint Bricks Nov21 Secured Bonds to earn 10.5% XIRR interest on a Monthly basis.
Launch Date for this Bond Offer is 25th Nov 2021.
You will get 33% principal repayment every 9 months till 27 months, which you can choose (or not) to reinvest in other assets on Wint Wealth platform. You can invest in High Yield Debt Assets via this platform.
This platform is backed by Leaders like Nitin Kamath (Founder, Zerodha), Kunal Shah (Founder, CRED), Lalit Keshre (Co-Founder, GROWW), Rohan Gupta (Founder, Smallcase), and many other prominent personalities.
Click to enlarge - How To Invest In Wint Bricks Secured Bonds |
This Senior Secured bond will be issued by the NBFC - UGRO Capital. It is backed by a cover pool of property loans worth ₹62.5 Cr which is 1.25x the issued bonds. So, the risk of investors is covered by the mentioned property loans.
The Minimum Investment is INR 10,000 and the Tenure is 27 Months. Interest Repayment will be Monthly. Tentative Asset Maturity will be on 16th February 2024. Asset Size is INR 50 Cr.
You will get the opportunity to earn Monthly Interest and 33% of your Principal will be repaid every 9 months. For example - if you invest Rs. 10,000 in this bond, then you will be repaid Rs. 3,333 every time on 9th, 18th, and 27th Months. This makes sure to reduce credit risk and increase liquidity for you.
Returns are 10.5% per year pre-tax on an XIRR basis:-
An investment of ₹10,000 would yield ₹11,503 over 27 months at an XIRR of 10.5%. This is because 33% of the initial principal ie. ₹3,333 is repaid every 9 months (giving you a reinvestment/ diversification opportunity).
Steps to Register for Wint Bricks Nov21 Secured Bonds:-
1. Open Wint Wealth home page after clicking here. Close any Pop-up and Click on Explore Assets button.
2. Go to the Wint Bricks Nov21 section and click on See Asset Details button.
Click to enlarge - How To Invest In Wint Bricks Secured Bonds |
3. Once the below page is opened, you can click on Notify Me! button to register your interest:-
Click to enlarge - How To Invest In Wint Bricks Secured Bonds |
4. On the Pop-up, provide your Mobile Number and click on CONTINUE button, as shown below:-
5. OTP will be sent on this Mobile. Follow the instructions and complete the sign-up for this Bond.
Congratulations on the successful registration of this Secured Bond. You will be notified as soon as the Bond Subscription starts.
Images Courtesy: Wint Wealth Website
Disclaimer: Please understand all the risks (Credit Risk, Liquidity Risk & Fraud Risk) involved by going through the Wint Bricks website. This article is written for information purposes only. Kindly do your own research or contact your Financial Planner before making any financial decisions. Any use of the information for any investment and investment-related decisions of the investors/recipients are at their sole discretion and risk. Opinions expressed herein are subject to change without notice.
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