Muthoot Microfin
How this yield compares
About this bond
Muthoot Microfin is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10%. It pays a coupon of 9.8% and matures on 12 Sept 2027, a remaining tenure of about 1.1 yr. It is rated AA-, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹10K.
Its 10% yield is well above the market average, sitting 129th of 193 comparable Corporate bonds. That trails the Corporate median of 10.50% by 0.50 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 3.50 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.1 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its very high safety (AA-) 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 Muthoot Microfin (INE046W07305) at 10.65%, Muthoot Microfin (INE046W07339) at 10.25% and IIFL Samasta (INE413U08093) at 11.5%.