Kanakdurga
How this yield compares
About this bond
Kanakdurga is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 12.25%. It pays a coupon of 11.6% and matures on 23 Feb 2028, a remaining tenure of about 1.6 yr. It is rated BBB, a moderate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹10K.
Its 12.25% yield is well above the market average, placing it 28th of the 193 Corporate bonds on RightBonds - firmly in the top tier. That is 1.75 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 5.75 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.6 yr horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB) rating, that is a higher-yield, higher-risk profile. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at Best Capital (INE04UP07170) at 14.5%, BEST CAPITAL SERVICES (INE04UP07196) at 14.25% and Moneyboxx Finance (INE296Q07076) at 13.5%.