Shri Ram Finance Corporation
How this yield compares
About this bond
Shri Ram Finance Corporation is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.5%. It pays a coupon of 9.9% and matures on 12 Aug 2028, a remaining tenure of about 2.1 yr. It is rated A, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 10.5% yield is well above the market average, sitting 97th of 193 comparable Corporate bonds. That lands just under the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.65%), it pays roughly 3.85 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.1 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 Shri Ram Finance Corporation (INE08E807167) at 10.25%, Satin Creditcare (INE836B08319) at 13% and Satin Creditcare (INE836B08327) at 12.75%.