NIDO HOME FINANCE LIMITED
How this yield compares
About this bond
NIDO HOME FINANCE LIMITED is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.85%. It pays a coupon of 9.58% and matures on 1 Mar 2027, a remaining tenure of about 7 mo. It is rated A+, an adequate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹1000.
Its 9.85% yield is solid for its risk band, sitting 132nd of 193 comparable Corporate bonds. That trails the Corporate median of 10.50% by 0.65 points, so the trade-off is lower yield for whatever else this issuer offers. Against a tenure-matched SBI fixed deposit (6.15%), it pays roughly 3.70 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 7 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 NIDO HOME FINANCE (INE530L07BK9) at 10.6%, Ugro (INE583D07661) at 11.1% and Mangalam (INE0JYY07026) at 11.05%.