Hero Fincorp
How this yield compares
About this bond
Hero Fincorp is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 8.35%. It pays a coupon of 9.1% and matures on 18 Jan 2036, a remaining tenure of about 9.5 yr. It is rated AA+, a very high credit-safety grade. WintWealth lists this bond with a minimum investment of ₹1.1L.
Its 8.35% yield is solid for its risk band, toward the lower end at 178th of 193 Corporate bonds. That trails the Corporate median of 10.50% by 2.15 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 1.80 points for taking on credit risk. Its long 9.5 yr horizon locks in today's yield well into the future - useful if rates fall, a drag if they rise. 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 CAPRI GLOBAL CAPITAL (INE180C07171) at 9.15%, Hinduja Leyland (INE146O08415) at 9.05% and Sammaan Capital (INE148I07UE9) at 9%.