Buy mango bonds for the love of Alphonsos and not returns - News Summed Up

Buy mango bonds for the love of Alphonsos and not returns


But if the proposition entails a steady supply of Alphonso mangoes, looking the other way may be a tad hard. Akin to a collective investment scheme (CIS), the return from this scheme comes in the form of yearly supply of Alphonso mangoes. “The scheme looks like a collective investment scheme with the built-in benefit of paying returns in kind. But other reasons could be to support an industry they love, or a product they love. You should also keep in mind that the scheme is ultimately linked to Alphonso mango production every year.


Source: Mint April 29, 2019 14:48 UTC



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