RightBonds Fixed Income, Simplified

This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 19 Jul 2026. The details below are kept as a record of the issue. Compare bonds available now →

KERALA INFRA.

No longer listed INE658F08516 Corporate AA Matures Jan 2033
Yield to Maturity (YTM)
9%
Annualised return if held to maturity · 21 Jan 2033
+2.5% vs bank FD
Coupon Rate
9.3%
Paid periodically
Maturity
21 Jan 2033
Principal returned
Tenure
6.5 yr
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹77,317
Est. pre-tax

How this yield compares

This bondKERALA INFRA.
9%
Category avgCorporate
10.6%
Fixed Deposit6.5 yr tenure
6.55%

At 9% YTM, this bond yields about 2.5 percentage points more than a tenure-matched fixed deposit (6.55%) and sits below the Corporate average - reflecting the credit profile of a AA issuer.

About this bond

KERALA INFRA. is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9%. It pays a coupon of 9.3% and matures on 21 Jan 2033, a remaining tenure of about 6.5 yr. It is rated AA, a high credit-safety grade. GoldenPi lists this bond with a minimum investment of ₹1.0L.

Its 9% yield is solid for its risk band, toward the lower end at 140th of 180 Corporate bonds. That trails the Corporate median of 10.75% by 1.75 points, so the trade-off is lower yield for whatever else this issuer offers. A comparable SBI fixed deposit yields about 6.55%, so this bond adds roughly 2.45 points for taking on credit risk. Its medium 6.5 yr horizon balances rate lock-in against flexibility. 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

IssuerKERALA INFRA.
Credit RatingAA
CategoryCorporate
Coupon Rate9.3%
Yield to Maturity9%
Maturity Date21 Jan 2033
Listed onGoldenPi
Minimum Investment₹1.0L
Return₹77,317
ISININE658F08516

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 9% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 6.5 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 9.00% ₹1,74,544
5% slab 8.55% ₹1,69,939
20% slab 7.20% ₹1,56,734
30% slab 6.30% ₹1,48,422

At a 9.3% coupon, ₹1,00,000 of face value pays about ₹9,300 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 6.5 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.

This bond at 9%₹1,74,544
Fixed deposit at 6.55%₹1,52,185
Difference+₹22,359

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.