Axis Finance
Axis Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8%.
Data as of 6 Nov 2026
How this yield compares
About this bond
Axis Finance is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8%. It pays a coupon of 7.97% and matures on 27 Mar 2030, a remaining tenure of about 3.4 yr. It is rated AAA, the highest credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 8% yield is solid for its risk band, toward the lower end at 302nd of 321 Corporate bonds. That trails the Corporate median of 10.40% by 2.40 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 1.45 points for taking on credit risk. Its medium 3.4 yr horizon balances rate lock-in against flexibility. Paired with its highest safety (AAA) 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 Poonawalla Fincorp (INE511C07AG8) at 8.75%, Jio Credit (INE282H07125) at 8.15% and Aditya Birla Capital (INE674K08083) at 8.12%.
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 8% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 3.4 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 8.00% | ₹1,29,773 |
| 5% slab | 7.60% | ₹1,28,152 |
| 20% slab | 6.40% | ₹1,23,377 |
| 30% slab | 5.60% | ₹1,20,263 |
At a 7.97% coupon, ₹1,00,000 of face value pays about ₹7,970 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 3.4 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.
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 AAA credit risk is the reason for the gap.
When you get paid
Interest lands once a year, in Mar, with about 4 payments still to come before 27 Mar 2030, each at the 7.97% coupon rate.
Payment months come from the issuer's schedule. Exact dates within the month, and the amount per payment, depend on the face value of the units you buy - check the term sheet on WintWealth before investing.
