Abans Fixed Income Oriented MLD
Abans Broking Services Pvt Ltd · 6.48% G-Sec 2035
Also known as Fixed Income Oriented MLD
A fixed 12.55% target return over 15 months, backed by a government bond, with your original money fully protected.
How well this structure fits each investor profile, derived from its protection, return potential and downside. It is a fit score, not a quality grade. Best fit here: Conservative.
Capital fully protected, with a defined return and no market downside.
Balances 100% protection with up to 13% upside.
Prioritises up to 13% upside, accepting no market downside.
What is this product
A 15-month principal-protected MLD from Abans (Series 158) linked to the 6.48% G-Sec 2035. It targets a fixed 12.55% return (about 9.88% CAGR) as long as the reference bond does not collapse, giving a debt-like, fixed-income profile.
- 01A 12.55% coupon is paid at maturity as long as the reference G-Sec ends at or above 25% of its initial price.
- 02The 25% barrier is very deep, so the coupon behaves like a near-fixed return in normal markets.
- 03Principal is protected at maturity, subject to issuer credit, even if the barrier is breached.
- 04Minimum investment ₹5 L, in ₹1 L steps thereafter. Tenor 458 days, redemption around 31 May 2027.
The official closing level of the underlying on the initial fixing date named in the term sheet. No averaging window and no add-on.
The official closing level of the underlying on the final fixing date named in the term sheet. No averaging window.
Your return is measured between these two levels, not from the index level on the day you invest. Read both definitions in the term sheet before investing.
Payoff visualisation
Indicative profile of the structure's mechanics at maturity, shown out to a +100% move in the underlying. Not a forecast.
How to read this. The horizontal axis is how far the underlying (the index this note tracks) moves by maturity. The gold line is what this structure pays you at each of those moves. The teal dashed line is break-even. Where the gold line is above it you make money; where it flattens, the return is capped or the capital is protected. For example, read across to a plus 10 percent move on the axis, then up to the gold line to see your return if the index finished 10 percent higher.
Scenario analysis
Illustrative investor return across a grid of underlying-return shocks at maturity, out to +100%. Pre-tax and post-cost; returns are not guaranteed and past performance is not indicative of future results.
| Underlying at maturity | -30% | -20% | -10% | +0% | +10% | +20% | +30% | +50% | +75% | +100% |
|---|---|---|---|---|---|---|---|---|---|---|
| Investor return | +12.6% | +12.6% | +12.6% | +12.6% | +12.6% | +12.6% | +12.6% | +12.6% | +12.6% | +12.6% |
Underlying and market history
No market chart for this underlying
6.48% G-Sec 2035 has no public live price feed, so there is no level chart, index backtest or historical-window analysis to show for this note. Its outcome is defined by its own terms, not by an equity index path, so see the payoff and scenario sections above.
Risk analytics
- Fixed 12.55% target (about 9.88% CAGR)
- Full principal protection at maturity
- Government-bond underlying with a very deep barrier
- Return is capped at the 12.55% coupon
- Unrated issuer (Abans) is the key credit risk
- Low secondary liquidity, held to maturity
Suitable market conditions
Bond-backed notes that target a set return from a government bond, behaving like a fixed-income holding with your original money protected at maturity.
Documents and downloads
The official term sheet and offer document for this structure are available on request. Always read them before investing.