New Delhi, Nov. 3 -- India's bond market is an ocean that is almost Rs.3 trillion in depth. But, within that vast financial ocean, there is a specific asset class that experts feel is attractive for investment at this point in time - corporate bonds.

A combination of economic and fiscal cues makes this asset class a lucrative investment, experts say.

"We continue to remain positive on 2-3 year corporate bonds as this segment continues to offer favourable spreads of 80-85 bps (basis point, 1 basis point is one hundredth of a percentage point) over similar maturity Government securities (G-Sec). This, we believe, is the sweet spot on the corporate yield curve," says Shriram Ramanathan, CIO, Fixed-Income, HSBC Mutual Fund.

Thomas Stephen,...