Cholamandalam
How this yield compares
About this bond
Cholamandalam is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.25%. It pays a coupon of 9.1% and matures on 27 Jun 2031, a remaining tenure of about 4.9 yr. It is rated AA+, a very high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 8.25% yield is solid for its risk band, toward the lower end at 179th of 193 Corporate bonds. That trails the Corporate median of 10.50% by 2.25 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.55%, so this bond adds roughly 1.70 points for taking on credit risk. Its medium 4.9 yr horizon balances rate lock-in against flexibility. Paired with its very high safety (AA+) 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 CAPRI GLOBAL CAPITAL (INE180C07171) at 9.15%, Hinduja Leyland (INE146O08415) at 9.05% and Sammaan Capital (INE148I07UE9) at 9%.