Bonds
Bonds are fixed-income instruments where you lend money to a government or company in exchange for regular interest payments and the return of your principal at maturity. They offer more predictable income than equities, making them a core building block for balancing risk in a portfolio.
We help you access government and corporate bonds suited to your time horizon and risk appetite, using them to add stability and steady income alongside your growth-oriented investments.
Pick your fit
Types of bonds
Government Bonds
Issued by the central or state government, carrying the lowest credit risk of any bond in the market.
Suited for capital preservation and predictable, sovereign-backed income.
Corporate Bonds
Issued by companies, generally offering higher yields than government bonds in exchange for issuer credit risk.
Suited for investors seeking higher income and comfortable assessing issuer credit quality.
Tax-Free / Tax-Saving Bonds
Certain government-backed bonds offer tax-exempt interest or upfront deduction benefits under specific sections.
Suited for investors in higher tax brackets looking to improve post-tax returns.
How they stack up
Bonds vs FDs vs Equity
| Factor | Bonds | Fixed Deposits | Equity |
|---|---|---|---|
| Return type | Fixed coupon, paid periodically or at maturity | Fixed interest, bank/NBFC guaranteed within limits | Market-linked, no fixed return |
| Risk level | Low to moderate, depends on issuer credit rating | Low, especially with scheduled banks | High, subject to market volatility |
| Liquidity | Tradeable on exchanges, but can be thinly traded | Fixed tenure, premature withdrawal usually penalised | Highly liquid on listed markets |
| Typical horizon | 1-10+ years depending on the bond | 7 days to 10 years | Suited to 5+ year horizons |
| Income predictability | High — coupon and maturity value known upfront | High — rate fixed at booking | Low — dividends and value both variable |
The bigger picture
What sets bonds apart
Fixed coupon
Bonds pay a predetermined interest rate, known at the time of purchase
Credit rated
Corporate bonds carry a published credit rating reflecting issuer risk
Tradeable
Listed bonds can be bought and sold on exchanges before maturity
Diversifying
Bonds typically move differently from equities, smoothing portfolio swings
Common questions
Frequently asked questions
No. Government bonds carry very low credit risk, but corporate bonds carry issuer credit risk — the issuer could default. Bond prices can also fluctuate with interest rate movements if sold before maturity.
Getting started
How to start investing in bonds through Prospire
Step 1
Consultation
Discuss your income needs, time horizon and comfort with credit risk.
Step 2
Bond selection
We shortlist government or corporate bonds suited to your goals.
Step 3
Onboarding & documentation
Complete the necessary KYC and account formalities.
Step 4
Portfolio goes live
Your bond holdings are added and tracked against their maturity schedule.
Bond investments are subject to interest rate and credit risk. Past performance may or may not be sustained in the future. Please read all issuance documents carefully before investing.
Ready for steady, predictable income?
Talk to an expert about whether bonds fit your portfolio.
Start a conversation
Let’s make your next financial move a considered one.
Whether you’re investing for a goal or reviewing your existing portfolio, our team is ready to listen.
SCO 15, Near Hotel Candy, Sector 65 A, Mohali, Sahibzada Ajit Singh Nagar, Punjab 160062
Monday – Saturday, 9:30 AM – 6:30 PM