Mangalam Apr ’29
How this yield compares
About this bond
Mangalam Apr ’29 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.05%. It pays a coupon of 10% and matures on 27 Apr 2029, a remaining tenure of about 2.8 yr. It is rated A+, an adequate credit-safety grade. BondScanner lists this bond with a minimum investment of ₹99K.
Its 11.05% yield is well above the market average, ranking 68th of 193 Corporate bonds we list. That is 0.55 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.65%), it pays roughly 4.40 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.8 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 Ugro (INE583D07661) at 11.1%, Share India Securities (INE932X07049) at 10.75% and Aye Finance (INE501X07711) at 10.7%.