Day: October 12, 2021

What is Market Linked Debentures (MLD) and How to Invest in it?
Fixed Income 9 min read
Market Linked Debentures in India: Understanding MLDs

Market Linked Debenture (MLD) is a type of non-convertible debenture wherein the returns are not fixed but linked to the performance of a certain market index. These are structured fixed-income products with typically no periodic payouts except at maturity.  The market index, also called the underlying index, could be equity indexes like NSE Nifty, Sensex, ... Market Linked Debentures in India: Understanding MLDs