NUVAMA WEALTH
NUVAMA WEALTH is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.25%.
Data as of 26 Oct 2026
How this yield compares
About this bond
NUVAMA WEALTH is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 9.25%. It pays a coupon of 9.6% and matures on 24 Dec 2032, a remaining tenure of about 6.2 yr. It is rated AA, a high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.0L.
Its 9.25% yield is solid for its risk band, sitting 222nd of 315 comparable Corporate bonds. That trails the Corporate median of 10.40% by 1.15 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 2.70 points for taking on credit risk. Its medium 6.2 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 Paisalo (INE420C07197) at 10%.
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 9.25% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 6.2 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 9.25% | ₹1,72,497 |
| 5% slab | 8.79% | ₹1,68,045 |
| 20% slab | 7.40% | ₹1,55,264 |
| 30% slab | 6.47% | ₹1,47,204 |
At a 9.6% coupon, ₹1,00,000 of face value pays about ₹9,600 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 6.2 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 AA credit risk is the reason for the gap.
When you get paid
Interest lands once a year, in Aug, with about 6 payments still to come before 24 Dec 2032, each at the 9.6% 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.
