Muthoot Merchantile Mar '29
Bond overview
28 Mos Matures 25 Mar 2029
Yield (YTM)
+4.2% vs FD11.20% p.a.
Rating
Adequate safetyA-
Min. investment
5 Units₹49,550
Monthly payout directly to bank25th of each month
Exchange-listed NCD — held in demat, verifiable by its ISIN
- Interest
- Monthly
- Principal
- Full redemption
- Maturity date
- 25/03/2029
- Seniority
- Senior (Listed secured)
Security cover
1.05xBacked by a charge on the issuer’s assets
For every ₹1 you invest, the issuer has pledged about ₹1.05 of assets. Monitored by an independent debenture trustee.
Payout schedule
Simulated schedule based on 5 units (₹49,550.00 investment)
- 25 Nov '26Coupon #1₹435.27Interest
- 25 Dec '26Coupon #2₹421.23Interest
- 25 Mar '29Final maturity & redemption₹50,000 + ₹393.15Principal + final interest
Other disclosures & Compliance
Bond overview
- ISIN
- INE05F407EC8
- Issuer
- Muthoot Merchantile LTD
- Bond type
- Corporate bond · exchange-listed
- Face value
- ₹10,000
- Price per unit
- ₹9,910
- Accrued interest per unit
- -₹84.25
- Coupon rate
- 10.25% · fixed
- Yield to maturity
- 11.20%
- Interest payout
- Monthly · around day 25 of the month
- Record date
- 15 days before each payout
- Issue date
- 25 Sep 2026
- Maturity date
- 25 Mar 2029
- Security
- Secured · 1.05x cover
- Seniority
- Senior
- Minimum lot
- 5 units
Rating
Adequate safety
A-rated issuers are considered to have adequate safety, with low credit risk, though they are more sensitive to adverse economic conditions.
Yield shown is the indicative yield to maturity at the displayed price, assuming the bond is held to maturity and all payments are made on schedule. Bonds carry credit, interest-rate and liquidity risk.
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Frequently asked questions
What is the yield on the Muthoot Merchantile LTD bond (INE05F407EC8)?
At today’s price of ₹9,910 per unit, the Muthoot Merchantile LTD bond offers a yield to maturity of 11.20%. It pays a fixed coupon of 10.25% on its face value of ₹10,000, with interest paid monthly.
What is the credit rating of Muthoot Merchantile LTD?
This bond is rated A-, which falls in the “adequate safety” band. A-rated issuers are considered to have adequate safety, with low credit risk, though they are more sensitive to adverse economic conditions.
Is the Muthoot Merchantile LTD bond secured?
Yes. It is a secured, senior bond with a security cover of about 1.05x, monitored by a debenture trustee.
What is the minimum investment for this bond?
The minimum investment is 5 units, about ₹49,550 at today’s price, plus any accrued interest.
When does the Muthoot Merchantile LTD bond mature?
It matures on 25 Mar 2029 (2y 4m from now). On maturity, the face value is repaid to the bank account linked to your demat account.
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11.20% YTM
Min. ₹49,550