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 9.5%.
Data as of 4 Nov 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 9.5%. It pays a coupon of 9.25% and matures on 15 Oct 2029, a remaining tenure of about 2.9 yr. It is rated AA-, a high credit-safety grade. EquiRize lists this bond with a minimum investment of ₹10K.
Its 9.5% yield is solid for its risk band, sitting 218th of 318 comparable Corporate bonds. That trails the Corporate median of 10.50% by 1.00 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 2.85 points for taking on credit risk. Its short 2.9 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 (INE413U07426) at 11%, Asirvad Micro Finance (INE516Q08497) at 10.58% and Opg Power Generation (INE0D8F07055) at 10.5%.
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 9.5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 2.9 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.50% | ₹1,30,644 |
| 5% slab | 9.03% | ₹1,28,982 |
| 20% slab | 7.60% | ₹1,24,079 |
| 30% slab | 6.65% | ₹1,20,880 |
At a 9.25% coupon, ₹1,00,000 of face value pays about ₹9,250 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 2.9 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.
