Bonds
Debentures
Debentures are a type of debt instrument that usually offers investors a higher rate of return than other types of debt and fixed income products. However, debentures are typically unsecured, carrying a higher risk than secured debt.
Why invest in debentures?
Leading enterprises issue debentures to raise funds for their business needs. Investors earn interest on their investments in debentures. Debentures are typically unsecured, so investors can expect a higher interest rate. Top-rated debentures issued by good companies are relatively safe and can provide investors with a steady income.
Here are some of the top reasons to consider debentures:

Corporate Bonds
Why invest in Bonds?
Corporate bonds are secured loans, which means all loans are backed by collateral. This feature significantly lowers the risk of an investor. Many corporate bonds tend to offer better yields than government bonds.
Security
Liquidity
Returns
Credit ratings
Taxation
Choice
Government Securities
Corporate bonds are debt instruments through which companies raise funds for a variety of reasons, including ongoing operations, M&A, or to grow business.
Government securities are sovereign debt instruments and could be in the form of treasury bills (T-bills) or bonds. Central and state governments issue G-Secs to raise funds from the public. Since they are sovereign-backed, they carry no credit risk but are subject to interest rate risk.

Why invest in government securities
G-Secs can help you reduce the credit risk of your portfolio. G-Secs come in a variety of maturities and types, including floating rate bonds that allow you to hedge against interest rate risk.