It has matured, sold out, or been delisted from the platforms we track, last seen on 25 Jun 2026. The details below are kept as a record of the issue. Compare bonds available now →
Muthoot Fincorp
How this yield compares
About this bond
Muthoot Fincorp 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 10.05% and matures on 31 May 2029, a remaining tenure of about 2.8 yr. It is rated AA-, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 9.5% yield is solid for its risk band, sitting 124th of 175 comparable Corporate bonds. That trails the Corporate median of 10.75% by 1.25 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 2.8 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 Muthoot Fincorp (INE549K08509) at 10.5%, Muthoot Fincorp (INE549K08590) at 10.5% and Muthoot Fincorp (INE549K08632) at 10.4%.
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 2.8 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.50% | ₹1,29,307 |
| 5% slab | 9.03% | ₹1,27,725 |
| 20% slab | 7.60% | ₹1,23,053 |
| 30% slab | 6.65% | ₹1,20,001 |
At a 10.05% coupon, ₹1,00,000 of face value pays about ₹10,050 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,005 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 2.8 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.