This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 1 Oct 2026. The details below are kept as a record of the issue. Compare bonds available now →
Mufin Green Finance Oct ’27
Mufin Green Finance Oct ’27 is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 11.4%.
Data as of 1 Oct 2026
How this yield compares
About this bond
Mufin Green Finance Oct ’27 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.4%. It pays a coupon of 10% and matures on 21 Oct 2027, a remaining tenure of about 1.0 yr. It is rated A-, an adequate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹10K.
Its 11.4% yield is well above the market average, ranking 82nd of 319 Corporate bonds we list. That is 0.90 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.90 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.0 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 Mufin Green Finance (INE08KJ07183) at 11.5%, Mufin Green Finance (INE08KJ07225) at 11.15% and Mufin Green Finance (INE08KJ07191) at 11%.
About Mufin Green Finance
Mufin Green Finance Limited is an NBFC that finances the electric vehicle ecosystem, covering battery-powered vehicles of all kinds along with charging infrastructure. It was incorporated on May 13, 2016 in Rajasthan as APM Finvest Limited and took its present name after Hindon Mercantile Limited acquired it in March 2022; Hindon Mercantile held 54.31% as of March 2025 and the company operates as part of the Mufin group. Vehicle loans made up about 86% of the portfolio as on 30 September 2025, with EV infrastructure financing at about 13%. Lending runs through OEM and dealer networks across India, with more than 36,000 customer accounts and over half the AUM concentrated in Uttar Pradesh, Bihar and Delhi, and the group has financed more than about 80,000 electric vehicles since 2016. Acuite rates its bank facilities, bonds and non-convertible debentures at ACUITE A- with a Stable outlook. AUM grew to Rs 838.44 crore as on 31 March 2025 from Rs 624.14 crore a year earlier.
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 11.4% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.0 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 11.40% | ₹1,11,422 |
| 5% slab | 10.83% | ₹1,10,851 |
| 20% slab | 9.12% | ₹1,09,137 |
| 30% slab | 7.98% | ₹1,07,995 |
At a 10% coupon, ₹1,00,000 of face value pays about ₹10,000 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 1.0 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 every month, with about 13 payments still to come before 21 Oct 2027, each at the 10% 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.
