SMC Global
SMC Global is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.75%.
Data as of 20 Oct 2026
How this yield compares
About this bond
SMC Global is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.75%. It pays a coupon of 9.5% and matures on 13 Oct 2028, a remaining tenure of about 2.0 yr. It is rated A, an adequate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹997.
Its 9.75% yield is solid for its risk band, sitting 208th of 319 comparable Corporate bonds. That trails the Corporate median of 10.50% by 0.75 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 3.25 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 2.0 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 Shri Ram Finance Corporation (INE08E808082) at 13%, BN Agritech (INE00XL07015) at 11.5% and Dishman Carbogen Amcis (INE385W07083) at 11.3%.
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 9.75% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.0 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.75% | ₹1,20,249 |
| 5% slab | 9.26% | ₹1,19,192 |
| 20% slab | 7.80% | ₹1,16,051 |
| 30% slab | 6.82% | ₹1,13,980 |
At a 9.5% coupon, ₹1,00,000 of face value pays about ₹9,500 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 2.0 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 once a year, in Sep, with about 2 payments still to come before 13 Oct 2028, each at the 9.5% 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 WintWealth before investing.
