Indel Money
How this yield compares
About this bond
Indel Money is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9%. It pays a coupon of 11.25% and matures on 17 Mar 2027, a remaining tenure of about 8 mo. It is rated BBB+, a moderate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 9% yield is solid for its risk band, toward the lower end at 154th of 193 Corporate bonds. That trails the Corporate median of 10.50% by 1.50 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.15%, so this bond adds roughly 2.85 points for taking on credit risk. Its short 8 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB+) 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 Indel Money (INE0BUS07BX5) at 11.2%, Indel Money (INE0BUS08047) at 13.15% and Indel Money (INE0BUS07CN4) at 11.5%.