These are the Top 10 PSU Bonds You Should Invest In This Year 

PSU bonds are a great way of generating a steady income. With so many choices, it can be difficult to decide which bonds to invest in. We’ll be looking at ten top PSU bonds this year based on market trends, yield, credit rating and market trends. 

PFC Tax-Free Bonds 

Power Finance Corporation’s tax-free bonds (PFC) are popular with investors seeking tax-exempt income. These bonds have a fixed interest rate of up to 5.88% per year and a 15, 20 or 25 years tenure. Rating agencies such as CRISIL, ICRA and CARE have rated them AAA, indicating high creditworthiness. 

NHAI Tax-Free Bonds 

National Highways Authority of India’s tax-free bonds offers a fixed interest rate of up to 5.98% per year. This is another tax-exempt investment option. These bonds are AAA rated by rating agencies and have a term of 15, 20 or 30 years. 

REC Tax-Free Bonds 

Rural Electrification Corporation tax-free bonds are another popular option for investors. These bonds have an annual fixed interest rate of up to 5.74% and a 10, 15, or twenty-year term. Rating agencies have given them the AAA rating. 

HUDCO Tax-Free Bonds 

Housing and Urban Development Corporation (HUDCO) tax-free bonds offer a fixed interest rate of up to 6.9% per year and 10, 15, and 20 years tenure. Rating agencies have rated them AAA, and they are an attractive option for investors seeking tax-exempt income. 

IRFC Tax-Free Bonds 

Indian Railway Finance Corporation (IRFC), tax-free bonds, offer a fixed interest rate of up to 5.63% per year and 10, 15, or twenty years tenure. Rating agencies have rated them AAA, and they are a great option for investors seeking steady, reliable income. 

NABARD Rural Development Bonds 

Investors looking to support rural development in India can consider rural development bonds from the National Bank for Agriculture and Rural Development. These bonds have a 10-year tenure and a fixed interest rate of up to 7.3% annually. Rating agencies have rated them AAA. 

IOCL Bonds

Indian Oil Corporation Limited (IOCL) bonds have a fixed interest rate of up to 6.95% per year and a term of 10 years. Rating agencies have rated them AAA, and they are a great option for investors who are looking for long-term, reliable investments. 

ONGC Bonds 

Oil and Natural Gas Corporation (ONGC) bonds have a fixed interest rate of up to 6.7% per year and a term of 10 years. Rating agencies have rated them AAA, and they are a great option for investors who are looking for low-risk, stable investments. 

NTPC Bonds 

National Thermal Power Corporation (NTPC) bonds have a fixed rate of 6.4% per year and a term of 10 years. Rating agencies have rated them AAA, an excellent option for investors looking for a steady income and a long-term investment. 

SBI Bonds 

Fixed interest rates up to 6.45% per year are offered by the State Bank of India (SBI), and bonds have a 10-year tenure.