Vivriti Capital Nov ’27
How this yield compares
About this bond
Vivriti Capital Nov ’27 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.1%. It pays a coupon of 9.15% and matures on 3 Nov 2027, a remaining tenure of about 1.2 yr. It is rated A+, an adequate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹10K.
Its 10.1% yield is well above the market average, sitting 115th of 177 comparable Corporate bonds. That trails the Corporate median of 10.75% by 0.65 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 3.60 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.2 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A+) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at Vivriti Capital (INE0P1407026) at 10.25%, Vivriti Capital (INE0P1407018) at 10% and Vivriti Capital (INE01HV07528) at 10%.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 10.1% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.2 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 10.10% | ₹1,12,747 |
| 5% slab | 9.59% | ₹1,12,103 |
| 20% slab | 8.08% | ₹1,10,174 |
| 30% slab | 7.07% | ₹1,08,892 |
At a 9.15% coupon, ₹1,00,000 of face value pays about ₹9,150 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.
Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.
Against a fixed deposit, in rupees
Same ₹1,00,000, same 1.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.
Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the A+ credit risk is the reason for the gap.
When you get paid
Interest lands 4 times a year, in Mar, Jun, Sep, Dec, with about 5 payments still to come before 3 Nov 2027, each at the 9.15% coupon rate.
Payment months come from the issuer's schedule. Exact dates within the month, and the amount per payment, depend on the face value of the units you buy - check the term sheet on BondScanner before investing.