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Is this market-linked debenture a panacea for a volatile market?

InCred 1.5x Nifty Accelerator Market-Linked Debenture aims to protect your principal in the worst-case scenario and provide double-digit returns in the best-case scenario. Budget 2023 had taken the sheen away from MLDs, but due to the change in tax structure, the principal protection is an attraction. But this MLD comes loaded with conditions.

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