MUTHOOT MCRED
How this yield compares
About this bond
MUTHOOT MCRED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.96%. It pays a coupon of 9.65% and matures on 18 Sept 2028, a remaining tenure of about 2.1 yr. It is rated A, an adequate credit-safety grade. GoldenPi lists this bond with a minimum investment of ₹10K.
Its 10.96% yield is well above the market average, ranking 78th of 170 Corporate bonds we list. That edges 0.21 points past the Corporate median of 10.75%. Against a tenure-matched SBI fixed deposit (6.65%), it pays roughly 4.31 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 Muthoot MCred (INE101Q07CA7) at 10.6%, Muthoot MCred (INE101Q07BU7) at 10.25% and Muthoot MCred (INE101Q07BS1) at 10.25%.