New Delhi, Nov. 12 -- If you are aspiring for a safe, predictable and steady way to grow your money, especially in this volatile market, bonds can be a prudent choice. This is because they can offer predictable returns, a lower level of risk compared to equity investments, and significantly less volatility.

The most crucial point to keep in mind is that you can start your bond investment journey with as little as Rs.10,000. This is a huge plus compared to other asset classes, such as real estate purchases, where the initial investments are substantial. Keeping this in mind, below is a step-by-step guide to help you get started.

A bond is simply a loan that you extend to an entity. This can be a company, bank or government, in exchange f...