Company Profile: The Fixed Income (SEBI Registered OBPP)

KEY TAKEAWAYS

1. TheFixedIncome.com, co-founded by Tirth Shah in 2019, is a SEBI-registered bond platform under the Tipsons Group.

2. The platform offers a wide range of investment options, including various types of bonds and corporate FDs, and features like bond selling and bond baskets.

3. It is driven by the expertise of the Tipsons Group, enhancing its credibility and market presence.

4. The platform gets a thumbs up from us for its diverse investment opportunities, SEBI regulation, user-friendly interface, and educational initiatives for investors.

After covering some of the biggest OBPPs in our previous blogs, from Grip Invest, Wint Wealth, IndiaBonds to Aspero, today we are deep diving into the company profile of Tirth Shah-led TheFixedIncome.com that is supported by the expertise of three-decade old Tipsons Group. TheFixedIncome is a SEBI-registered OBPP player, and one of the leading bond platforms in India’s fixed income space.

From its corporate structure, investment offerings, history, to what we like and dislike about the platform, this blog will capture all the key aspects you need to know about before investing through TheFixedIncome platform.

Corporate Structure & Founders

Co-founded by Tirth Shah in 2019, TheFixedIncome is a SEBI registered platform which is backed by the Tipsons Group. Tipsons group was co-founded by Tirth’s father Mr. Jitendra Shah (Managing Director) and Mr. Dilip Shah (Chairman), Tipsons group is one of the largest players in India’s debt market.

Tirth is a second generation entrepreneur, who had initially joined his father’s Tipsons Group as a relationship manager in 2018, and then eventually co-founded TheFixedIncome.com a year later, in 2019. He is also the CEO of the SEBI-regulated OBPP, which is also registered with the BSE (Bombay Stock Exchange).

TheFixedIncome is registered under the name of Techwealth Capital Services Pvt. Ltd., as per the Ministry of Corporate Affairs (MCA)’s master data (as on 11th March,2025). Techwealth is a subsidiary of the Tipsons Group.

Similar to what the MCA data indicates, TheFixedIncome’s website also mentions Tirth and Hetvi Shah as the OBPP’s Directors.

• Tirth Shah- The key man behind TheFixedIncome.com, Tirth Shah is a young entrepreneur who has deep interest and expertise in the debt market. He completed his B.Tech from Ganpat University, Msc Finance from Nottingham Trent University, and earned his MBA from the prestigious Babson College. He has also done various development courses from prestigious institutions like King's College London, Entrepreneurship Development Institute of India and Indian Institute of Management- Ahmedabad.

TheFixedIncome’s Business Model

Just like most SEBI-registered OBPPs in India, the business model of TheFixedIncome revolves around being a distributor of bonds and earning a spread i.e. they buy at a lower price and sell at a higher price.

TheFixedIncome offers the following investment options to its investors:

1. Bank Bonds

2. PSU Bonds

3. Govt Guaranteed Bonds

4. NBFC Bonds

5. Tax Free Bonds

6. Private Bonds

7. SPV (Special Purpose Vehicle) Bonds

8. Sovereign Bonds (Central and State)

9. SGBs

10. Bonds IPO

11. Corp FDs

And that’s not all! Besides this wide variety of investment options, TheFixedIncome also offers a couple of extra features and offerings for investors, such as:

• Option To Sell Bonds- Besides having the option to choose and buy from a wide range of bonds on its platform, TheFixedIncome also allows investors to sell bonds, which ensures liquidity, transparency, and a hassle-free selling experience in the secondary market. You can reach out to the, to sell any bond you hold, even if you haven’t purchased it via them. Also, TheFixedIncome claims to be the first platform to offer the ‘Sell Bonds’ feature, enabling investors to seamlessly exit their holdings.

• Bond Basket-While Grip Invest was the first OBPP to launch the ‘Bond Basket’ product on its platform, TheFixedIncome is among the few OBPPs who are offering basket. The platform offers theme-based bond baskets, such as annual/yearly payout bond basket, monthly payout bond basket, etc. Moreover, it also shows a detailed break down of the bonds included in the basket, and its indicative cash flow as well.

Things We Like About TheFixedIncome

• Diverse investment opportunities: With a wide range of bonds available on its platform, such as PSU Bonds, Bank Bonds, NBFC Bonds, SGBs, etc, TheFixedIncome is no less than a one-stop shop for bonds, that helps investors having varying investment goals and risk appetite, to choose and invest across diverse options. And that’s not all. It also offers corporate FD, Bonds IPO, etc.

• SEBI-regulated platform: Being a SEBI regulated OBPP platform ensures that the chances of fraud or mis-selling through TheFixedIncome platform are low.

• Simple and user-friendly UI: TheFixedIncome has a good user interface (UI) which displays all the relevant information to investors. Also, the presence of initiatives like Bond Guru, Yield calculator tool, and a dedicated section named ‘Understand Fixed Income’ show the OBPP player gives importance to investor education. It’s fair to say that this is no less than a tough nut to crack for every platform.

• Backed by one of the biggest players: Being a part of the Tipsons Group gives a strong backing to TheFixedIncome, given the expertise that comes from being among the leaders in India’s debt market for more than three decades. TheFixedIncome, coupled with the Tipson Group’s umbrella under which it falls, together have over 1.5 lakh clients. While TheFixedIncome is focused on being an OBPP, Tipsons group has a significant presence in most of the financial services segments including Merchant Banking, Investment Banking, Fixed Income Services, Equity Broking, Currency & Interest Rate Derivatives, Wealth Management, Commodity Broking, etc.

• Presence of Bond Portfolio facility: TheFixedIncome claims to be the first platform to introduce a comprehensive Bond Portfolio feature, allowing investors to seamlessly track and manage their bond investments. With this unique tool, you can not only monitor bonds purchased through our platform but also add your offline portfolio, ensuring a consolidated view of your holdings. Investors can gain real-time insights, performance tracking, and portfolio analytics—all in one place, making bond investing more transparent and efficient than ever before

• Bond Guru on TheFixedIncome: Besides the bond portfolio feature, TheFixedIncome also claims to be the first one to take up an industry-first initiative through ‘Bond Guru’ which is designed to empower investors with expert insights and in-depth analysis of the fixed-income landscape. Through Bond Guru, the platform has aimed to set the benchmark in delivering curated knowledge, helping investors make informed decisions in the bond market.

Conclusion

Honestly, there’s not much to complain about TheFixedIncome. The OBPP, led by Tirth Shah, is indeed doing commendable work in the bonds space. With a diverse range of investment options and the backing of the well-established Tipsons Group, it offers a robust platform for investors. While the high minimum investment for bond baskets may be a barrier for some retail investors, the platform's strengths in providing a wide array of bonds and being SEBI-regulated are big positives.

And we have already mentioned what works in favor of them and what doesn’t, according to our research. The decision ultimately rests upon your shoulders to make an informed decision as a retail investor.

Please note that this is an opinion blog and not an official research or investment advice\ This blog aims to help retail investors make an informed decision in the debt market, and neither encourages nor discourages you from investing in any particular bond or any other asset class.*

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