RightBonds Fixed Income, Simplified

This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 28 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →

Muthoot Capital

No longer listed INE296G07309 Corporate AA- Matures Jul 2027
Yield to Maturity (YTM)
9%
Annualised return if held to maturity · 29 Jul 2027
+2.8% vs bank FD
Coupon Rate
10%
Paid periodically
Maturity
29 Jul 2027
Principal returned
Tenure
12 mo
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹9,093
Est. pre-tax

How this yield compares

This bondMuthoot Capital
9%
Category avgCorporate
10.6%
Fixed Deposit12 mo tenure
6.15%

At 9% YTM, this bond yields about 2.8 percentage points more than a tenure-matched fixed deposit (6.15%) and sits below the Corporate average - reflecting the credit profile of a AA- issuer.

About this bond

Muthoot Capital 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 10% and matures on 29 Jul 2027, a remaining tenure of about 12 mo. It is rated AA-, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.

Its 9% yield is solid for its risk band, toward the lower end at 131st of 168 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 6.15%, so this bond adds roughly 2.85 points for taking on credit risk. Its short 12 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 Capital (INE296G07275) at 9.7%, Muthoot Capital (INE296G07325) at 9.62% and Muthoot Capital (INE296G07283) at 8.5%.

Bond details

Credit RatingAA-
CategoryCorporate
Coupon Rate10%
Yield to Maturity9%
Maturity Date29 Jul 2027
Listed onWintWealth
Minimum Investment₹1.0L
Return₹9,093
ISININE296G07309

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 12 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 9.00% ₹1,08,774
5% slab 8.55% ₹1,08,336
20% slab 7.20% ₹1,07,021
30% slab 6.30% ₹1,06,144

At a 10% coupon, ₹1,00,000 of face value pays about ₹10,000 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 1.0 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.15%.

This bond at 9%₹1,08,774
Fixed deposit at 6.15%₹1,06,137
Difference+₹2,637

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 every month, with about 12 payments still to come before 29 Jul 2027, each at the 10% 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 WintWealth before investing.