Fixed Income

Fixed Income, Structured Around What Your Capital Needs To Do.

Build the income, liquidity and stability layer of your portfolio across deposits, bonds, NCDs, G-Secs, debt funds, MLDs and other fixed-income opportunities, reviewed by issuer quality, tenure, liquidity, tax and portfolio role.

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Fixed income basics

What isfixed income?

Fixed income refers to investment routes designed around interest, coupon, payout, maturity or debt-linked cash flow. It can include deposits, bonds, NCDs, government securities, debt mutual funds, MLDs and other approved fixed-income products.

Fixed income can support income, liquidity, stability.

Fixed income is not one product. It is a portfolio job.

Why it matters

Why fixed income matters in serious portfolios.

Fixed income is not the opposite of growth. It is the discipline layer that keeps capital usable, calmer and reviewed.

01

Income generation

Create payout potential as per product terms.

02

Portfolio stability

Reduce equity-only dependence without removing risk.

03

Liquidity planning

Keep capital aligned to near-term needs.

04

Tax-aware allocation

Where applicable and validated.

05

Treasury deployment

Structure surplus around policy, liquidity and documentation.

06

Diversification beyond equity

Reduce single-asset dependence.

07

Capital preservation lens

Without implying certainty or guarantee.

Find the right fit

Different Needs. Different Fixed Income Solutions.

A fixed-income decision is not only about rate or yield. It starts with the job your capital needs to do, income, liquidity, stability, tax planning or maturity matching.

Regular income

Products to explore

Corporate FDs, NCDs, coupon bonds, income oriented debt funds

Short-term liquidity

Products to explore

Liquid funds, overnight funds, Treasury-Bills, money-market funds

Government-backed investments

Products to explore

Treasury Bills, G-Secs, SDLs

Higher yield opportunities

Products to explore

Corporate bonds, NCDs, Corporate Bond Funds, credit risk funds

Tax-efficient allocation

Products to explore

54EC bonds, tax-free bonds

Portfolio stability

Products to explore

Short duration debt funds, G-Secs, AAA corporate bonds, PSU bonds

Treasury deployment

Products to explore

Treasury-Bills, G-Secs, PSU bonds, AAA corporate bonds, money-market funds

Structured market participation

Products to explore

MLDs, structured investment solutions

The universe

The fixed income universe.

Fixed income includes many routes. The role of the page is to help you understand the category before choosing the instrument.

Deposit-led routes

Bank FDs, Corporate FDs, NBFC/HFC deposits

Explore Corporate FDs

Direct debt routes

Bonds, NCDs, G-Secs, SDLs, T-Bills, PSU bonds, corporate bonds, tax-free bonds, 54EC bonds

Explore Bonds

Pooled debt routes

Debt mutual funds, liquid funds, overnight funds, money market funds, gilt funds, corporate bond funds, target maturity funds

Explore Debt Funds

Structured fixed-income routes

MLDs, structured debt, eligible private credit routes, approved advanced debt products

Explore MLDs
Different routes

Not all fixed income opportunities are built the same.

01

Deposit-Based

Products

Bank FDs, Corporate FDs

What you invest in

A deposit with the issuer

Best suited for

Regular income and fixed-tenure investing

Liquidity

As per deposit terms

02

Direct Fixed Income

Products

Bonds, NCDs, G-Secs, SDLs, Treasury-Bills

What you invest in

Individual debt securities

Best suited for

Income generation and defined maturity investments

Liquidity

Market-based or till maturity

03

Debt Mutual Funds

Products

Liquid, Overnight, Corporate Bond, Short Duration Funds

What you invest in

Units of a professionally managed portfolio

Best suited for

Diversified fixed-income exposure

Liquidity

As per fund redemption terms

Learn More: Debt Mutual Funds
04

Structured Fixed Income

Products

Market Linked Debentures (MLDs)

What you invest in

Structured debt instruments

Best suited for

Market-linked investment opportunities

Liquidity

Product-specific

05

Treasury solutions

Products

Treasury-Bills, G-Secs, PSU bonds, money-market instruments

What you invest in

Individual instruments or professionally managed funds

Best suited for

Treasury management and short-term surplus deployment

Liquidity

Product-specific

Portfolio architecture

Different Asset Classes. One Portfolio.

Different asset classes can contribute to growth, income, liquidity, diversification, and long-term capital preservation. The role of each allocation matters as much as the allocation itself.

01Cash
Helps with

Immediate liquidity and operational needs

Does not solve

Long-term wealth creation

Key considerations

Idle capital and opportunity cost

02Fixed IncomeFocus
Helps with

Income generation, liquidity planning, and Portfolio stability

Does not solve

High growth equity participation

Key considerations

Credit, duration, liquidity and tax

03Equity
Helps with

Long-term capital appreciation

Does not solve

Short-term income or capital stability

Key considerations

Market volatility and drawdown

04Alternatives
Helps with

Diversification beyond traditional asset classes

Does not solve

Core portfolio allocation

Key considerations

Manager, liquidity, valuation and strategy risk

05Structured Investments
Helps with

Market Linked opportunities through predefined investments structures

Does not solve

Traditional fixed-income allocation

Key considerations

Issuer, payoff, valuation and tax risk

How Choice Wealth helps with fixed income

We do not begin with the product. We begin with the purpose.

01

Purpose Before Product

Every allocation begins with the role your capital needs to play.

02

Beyond One Product

Compare deposits, bonds, NCDs, debt funds and structured solutions in one framework.

03

Portfolio Context

Every fixed-income decision is evaluated within the context of your broader portfolio.

04

Income Layer Design

Structure liquidity, income and maturity requirements together and not independently.

05

Lifecycle Visibility

Track payouts, maturities and reinvestment opportunities over time.

06

One Relationship

Access multiple fixed-income routes through a single wealth platform.

One objective

Different Products. One Objective:
The Right Portfolio.

FAQs

Fixed income
FAQs.

Scroll through, each answer opens on its own as you move down the list.

01What is fixed income?

Fixed income refers to investment routes designed around interest, coupon, payout, maturity or debt-linked cash flow. It includes products such as deposits, bonds, NCDs, government securities, debt funds and MLDs, subject to product terms.

02What are fixed-income investments?

Fixed-income investments may include bank FDs, Corporate FDs, bonds, NCDs, G-Secs, T-Bills, SDLs, debt mutual funds, MLDs and other approved debt-linked products.

03Is fixed income safe?

Fixed income should not be treated as risk-free. Different products carry issuer, credit, interest-rate, liquidity, market, tax and product-structure risks.

04Is fixed income the same as bonds?

No. Bonds are one part of fixed income. Fixed income also includes deposits, NCDs, debt funds, government securities, MLDs and other debt-linked routes.

05What is the difference between fixed income and FD?

An FD is one deposit route within fixed income. Fixed income is a broader universe that can include deposits, bonds, NCDs, debt funds and structured debt products.

06What is the difference between fixed income and debt mutual funds?

Debt mutual funds are pooled fund routes within fixed income. Fixed income also includes direct instruments like bonds, NCDs, T-Bills and deposit-led products.

07What are the types of fixed-income products in India?

Common routes include bank FDs, Corporate FDs, NCDs, corporate bonds, government bonds, T-Bills, SDLs, debt mutual funds, 54EC bonds, tax-free bonds and MLDs.

08What role does fixed income play in a portfolio?

Fixed income may support income, liquidity, stability, maturity planning, tax-aware allocation and diversification, depending on the instrument and investor context.

09Who should consider fixed income?

Investors seeking income-oriented allocation, lower-noise allocation than equity, maturity planning, liquidity planning or fixed-income diversification may consider it after reviewing risks and fit.

10Who should avoid direct fixed-income products?

Investors who cannot evaluate issuer risk, duration risk, liquidity, tax impact or direct product terms may need simpler or pooled routes instead of direct instruments.