Muthoot Capital Services Ltd
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 9.75%.
Data as of 26 Oct 2026
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 9.75%. It pays a coupon of 9.75% and matures on 30 Jun 2028, a remaining tenure of about 1.7 yr. It is rated AA-, a high credit-safety grade. Jiraaf lists this bond with a minimum investment of ₹1.0L.
Its 9.75% yield is solid for its risk band, sitting 197th of 315 comparable Corporate bonds. That trails the Corporate median of 10.40% by 0.65 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 3.25 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.7 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 IIFL Samasta (INE413U08093) at 11.5%, IIFL Samasta (INE413U07426) at 11% and Asirvad Micro Finance (INE516Q08497) at 10.55%.
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 9.75% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.7 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.75% | ₹1,16,897 |
| 5% slab | 9.26% | ₹1,16,027 |
| 20% slab | 7.80% | ₹1,13,433 |
| 30% slab | 6.82% | ₹1,11,716 |
At a 9.75% coupon, ₹1,00,000 of face value pays about ₹9,750 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 1.7 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.
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.
