Nifty Linked Debentures
A Nifty-linked debenture is a hybrid structured product. It is a zero-coupon bond and the returns are linked to an index such as the Nifty or the Sensex or a basket of stocks. There is no fixed rate pay-out like other debentures which are usually linked to debt instruments.

The zero-coupon bond matures to the principal by the end of the tenor of the product and the rest is used to effectively create the payoff of the structure (the variable market linked coupon). Higher the interest, the better is the payoff to the customer.
Although these have become an all-season product, the combination of high interest rates and bullish equity market indices has been the best time to invest in such debentures.

Equity Structure
A structured product that is linked to equity. The return/ loss is determined by the performance of a stock or a basket of stocks. Due to the volatile nature of equity investments, equity-linked structured products are often associated with the most aggressive risk/ return profile vis-à-vis other structured products.

Debt Structure
Many a times, investors have to deal with a market that is fraught with uncertainty and high volatility. During such times, many hesitate to invest even if they may be willing to do so, for fear of losing all their capital. Debt Structured products have been a successful avenue for many under such circumstances, providing not only an efficient mode of investment across asset classes but also a tailored capital protection option, without compromising on returns.

Debt Structured products are investment solutions created to adapt to the needs of the investor – such as risk and return profile, liquidity requirements, and the amount to be invested – while also enabling a wide range of asset classes for investing with options for redemption. Therefore, Debt structured products provide tailor-made solutions in line with a specific strategy for all market configurations and are sophisticated in nature.