Nifty bees

there are two plan growth oriented or devidend oriented same as investing in mutual fund, if you investing in the nifty bees growth plan then you not get dividends the profit on fund reinvested and nav will raise accordingly, if you invest in nifty bees dividend oriented plan and holding investment on ex- dividend date the you get dividend absoluatly.

What do you think about debentures? Is it a good place to invest in?

It is similar to giving out a loan. It all depends upon the if you want interest income or dividend income. 

invest in debenture is the think of safety on investment amount with return of interest . there are so many debentures  say convertable , non convertable, listed , unlisted etc. if you want to higher return than fixed deposit and with safe investment then go for invest in debenture.

convertable debentures are the best ones to look after right?

yes as you want to member of company in future then it is best option to make invest in convertable debentures , firstly you can get interest on invested amount till the maturity period then get shares and received return in terms of dividend and price change gain.

But why do some people even then opt for investment in non-convertible debentures?

it is depending upon your investment method and risk taking ability, if you dont want to be member of companies and desire to get fixed income in the terms of interest then go for invest in non convertable debentures.

Yes for a fixed interest or income, Non-Convertable debentures is a better option