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 1 Sept 2026. The details below are kept as a record of the issue. Compare bonds available now →

Nuvama Wealth Finance MLD

No longer listed INE918K07QV3 Corporate AA Matures Jan 2030

Nuvama Wealth Finance MLD is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 11.35%.

Data as of 1 Sept 2026

Yield to Maturity (YTM)
11.35%
Annualised return if held to maturity · 4 Jan 2030
+4.8% vs bank FD
Coupon Rate
0%
Zero-coupon
Maturity
4 Jan 2030
Principal returned
Tenure
3.3 yr
Remaining
Min. Invest
₹1.0L
Min. ticket
Return
₹44,320
Est. pre-tax

Interest paid only at maturity

This bond pays no periodic interest. The amount payable includes interest accrued since issue, so it differs from the bond’s face value; you receive the accrued amount back at maturity. Your capital at risk is the full amount payable, and you receive no income until then.

How this yield compares

This bondNuvama Wealth Finance MLD
11.35%
Category avgCorporate
10.3%
Fixed Deposit3.3 yr tenure
6.55%

At 11.35% YTM, this bond yields about 4.8 percentage points more than a tenure-matched fixed deposit (6.55%) and sits above the Corporate average - reflecting the credit profile of a AA issuer.

About this bond

Nuvama Wealth Finance MLD is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11.35%. It is a zero-coupon bond - sold at a discount to face value with no periodic interest payout, redeeming on 4 Jan 2030 (about 3.3 yr away). It is rated AA, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.

Its 11.35% yield is well above the market average, ranking 71st of 265 Corporate bonds we list. That is 0.85 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.55%), it pays roughly 4.80 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its medium 3.3 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 (INE549K08590) at 10.5%, Muthoot Fincorp (INE549K08632) at 10.4% and Muthoot Fincorp (INE549K08533) at 10%.

Bond details

IssuerNuvama Wealth Finance MLD
Credit RatingAA
CategoryCorporate
Coupon Rate0%
Yield to Maturity11.35%
Maturity Date4 Jan 2030
Listed onWintWealth
Minimum Investment₹1.0L
Return₹44,320
ISININE918K07QV3

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 11.35% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 3.3 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 11.35% ₹1,42,812
5% slab 10.78% ₹1,40,413
20% slab 9.08% ₹1,33,387
30% slab 7.94% ₹1,28,842

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 3.3 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.

This bond at 11.35%₹1,42,812
Fixed deposit at 6.55%₹1,24,030
Difference+₹18,782

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.