Cholamandalam Investment and Finance Jun ’33
Cholamandalam Investment and Finance Jun ’33 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.63%.
Data as of 26 Oct 2026
How this yield compares
About this bond
Cholamandalam Investment and Finance Jun ’33 is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.63%. It pays a coupon of 8.88% and matures on 25 Jun 2033, a remaining tenure of about 6.7 yr. It is rated AA+, a very high credit-safety grade. BondScanner lists this bond with a minimum investment of ₹1.0L.
Its 8.63% yield is solid for its risk band, toward the lower end at 268th of 315 Corporate bonds. That trails the Corporate median of 10.40% by 1.77 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 2.08 points for taking on credit risk. Its medium 6.7 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 (INE180C08013) at 10.1%, Capri Global Capital (INE180C07304) at 9.3% and Capri Global Capital (INE180C07213) at 9.3%.
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 8.63% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 6.7 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 8.63% | ₹1,73,604 |
| 5% slab | 8.20% | ₹1,69,060 |
| 20% slab | 6.90% | ₹1,56,030 |
| 30% slab | 6.04% | ₹1,47,826 |
At a 8.88% coupon, ₹1,00,000 of face value pays about ₹8,880 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 6.7 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.
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 AA+ credit risk is the reason for the gap.
When you get paid
Interest lands once a year, in Jun, with about 7 payments still to come before 25 Jun 2033, each at the 8.88% 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 BondScanner before investing.
