It has matured, sold out, or been delisted from the platforms we track, last seen on 20 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →
Muthoot Capital Services Ltd
How this yield compares
About this bond
Muthoot Capital Services Ltd is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.45%. It pays a coupon of 10.45% and matures on 7 Jun 2027, a remaining tenure of about 10 mo. It is rated A+, an adequate credit-safety grade. Jiraaf lists this bond with a minimum investment of ₹100K.
Its 10.45% yield is well above the market average, sitting 101st of 175 comparable Corporate bonds. That lands just under the Corporate median of 10.75%. Against a tenure-matched SBI fixed deposit (6.15%), it pays roughly 4.30 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 10 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its high safety (A+) 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 Ugro (INE583D07661) at 11%, Mangalam (INE0JYY07026) at 10.75% and U GRO Capital (INE583D07620) at 10.75%.
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 10.45% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 10 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 10.45% | ₹1,08,814 |
| 5% slab | 9.93% | ₹1,08,376 |
| 20% slab | 8.36% | ₹1,07,061 |
| 30% slab | 7.31% | ₹1,06,183 |
At a 10.45% coupon, ₹1,00,000 of face value pays about ₹10,450 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,045 a year is withheld as TDS - adjustable against your final liability, not an extra tax.
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 0.8 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.15%.
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 A+ credit risk is the reason for the gap.