Kanakadurga Finance
Kanakadurga Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.75%.
Data as of 26 Oct 2026
How this yield compares
About this bond
Kanakadurga Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.75%. It pays a coupon of 11.55% and matures on 5 Dec 2026, a remaining tenure of about 1 mo. It is rated BBB, a moderate credit-safety grade. WintWealth lists this bond with a minimum investment of ₹10K.
Its 11.75% yield is well above the market average, placing it 60th of the 315 Corporate bonds on RightBonds - firmly in the top tier. That is 1.35 percentage points above the Corporate median of 10.40% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (3.30%), it pays roughly 8.45 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1 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 Regency Fincorp (INE964R07184) at 14.5%, Best Capital Services (INE04UP07196) at 14% and Dvara Kshetriya (INE179P08066) at 13.85%.
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 11.75% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 11.75% | ₹1,01,222 |
| 5% slab | 11.16% | ₹1,01,164 |
| 20% slab | 9.40% | ₹1,00,987 |
| 30% slab | 8.22% | ₹1,00,868 |
At a 11.55% coupon, ₹1,00,000 of face value pays about ₹11,550 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,155 a year is withheld as TDS - adjustable against your final liability, not an extra tax.
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 0.1 years, one in this bond and one in a tenure-matched SBI fixed deposit at 3.30%.
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 BBB credit risk is the reason for the gap.
When you get paid
Interest lands every month, with about 3 payments still to come before 5 Dec 2026, each at the 11.55% 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.
