CAPRI GLOBAL CAPITAL LIMITED
How this yield compares
About this bond
CAPRI GLOBAL CAPITAL LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9%. It pays a coupon of 8.9% and matures on 13 Oct 2028, a remaining tenure of about 2.2 yr. It is rated AA+, a very high credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1K.
Its 9% yield is solid for its risk band, toward the lower end at 129th of 165 Corporate bonds. That trails the Corporate median of 10.75% by 1.75 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.65%, so this bond adds roughly 2.35 points for taking on credit risk. Its short 2.2 yr 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 Hinduja Leyland (INE146O08415) at 9.05%, Piramal Finance (INE516Y07444) at 9% and Sammaan Capital (INE148I07UE9) at 8.9%.
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 9% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.2 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.00% | ₹1,20,816 |
| 5% slab | 8.55% | ₹1,19,724 |
| 20% slab | 7.20% | ₹1,16,481 |
| 30% slab | 6.30% | ₹1,14,346 |
At a 8.9% coupon, ₹1,00,000 of face value pays about ₹8,900 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 2.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.65%.
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.