Navi Finserv
How this yield compares
About this bond
Navi Finserv is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.85%. It pays a coupon of 10.75% and matures on 31 Dec 2027, a remaining tenure of about 1.4 yr. It is rated A, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹50K.
Its 10.85% yield is well above the market average, ranking 81st of 193 Corporate bonds we list. That edges 0.35 points past the Corporate median of 10.50%. Against a tenure-matched SBI fixed deposit (6.50%), it pays roughly 4.35 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 1.4 yr 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 Navi Finserv (INE342T07726) at 11%, Navi Finserv (INE342T07684) at 11% and Navi Finserv (INE342T07718) at 11%.