Annapurna Finance Private Limited
How this yield compares
About this bond
Annapurna Finance Private Limited is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 10.4%. It pays a coupon of 10.4% and matures on 8 Jul 2027, a remaining tenure of about 11 mo. It is rated A-, an adequate credit-safety grade. Jiraaf lists this bond with a minimum investment of ₹50K.
Its 10.4% yield is well above the market average, sitting 101st of 165 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 4.25 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 11 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 Annapurna Finance (INE515Q08283) at 11.75%, Vedika Credit Capital (INE04HY08011) at 13.8% and Lucina Land (INE0JZO07040) at 13%.
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 10.4% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 11 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 10.40% | ₹1,09,601 |
| 5% slab | 9.88% | ₹1,09,123 |
| 20% slab | 8.32% | ₹1,07,687 |
| 30% slab | 7.28% | ₹1,06,728 |
At a 10.4% coupon, ₹1,00,000 of face value pays about ₹10,400 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,040 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 0.9 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.