Svatantra Microfin Limited
How this yield compares
About this bond
Svatantra Microfin Limited is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 7%. It pays a coupon of 10.55% and matures on 30 Sept 2026, a remaining tenure of about 2 mo. It is rated AA, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 7% yield is on the conservative side, toward the lower end at 192nd of 193 Corporate bonds. That trails the Corporate median of 10.50% by 3.50 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 5.15%, so this bond adds roughly 1.85 points for taking on credit risk. Its short 2 mo horizon locks the rate for only a few years, limiting reinvestment risk. 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 Muthoot Fincorp (INE549K08590) at 10.5%, Muthoot Fincorp (INE549K08632) at 10.4% and Paisalo (INE420C07189) at 10.25%.