Fixed Alpha
AA

What do these ratings mean?

Credit ratings assigned by SEBI-registered agencies such as CRISIL, ICRA and CARE.

Sovereign BondsSOVEREIGN
These securities are the safest investments, backed by governments with a strong ability to meet financial obligations.
Highest SafetyAAA
Securities with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such securities carry lowest credit risk.
High SafetyAA+AAAA-
Securities with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such securities carry very low credit risk.
Adequate SafetyA+AA-
Securities with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such securities carry low credit risk.
Moderate SafetyBBB+BBBBBB-
Securities with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such securities carry moderate credit risk.
Moderate RiskBB+BBBB-
Securities with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
Moderate High RiskB+BB-
Securities with this rating are considered to have high risk of default regarding timely servicing of financial obligations.
Very High RiskCCC+CCCCCC-CC+CCCC-C+CC-
Securities with this rating are considered to have very high risk of default regarding timely servicing of financial obligations.
DefaultD
Securities with this rating are in default or are expected to be in default soon.

Muthoot Fincorp Limited

INE549K07IX9· Listed on BSE

10.57%

Yield

Tenure

1Y 9M 22D

Maturity Date

07 Jul 2028

Coupon Frequency

On Maturity

Face Value

₹1,000

Nature

Secured

Coupon Rate

0.00%

About the Issuer

Muthoot Fincorp Ltd., established in 1887, is a leading non-banking financial company (NBFC) in India, registered with the Reserve Bank of India, and serves as the flagship entity of the Muthoot Pappachan Group. The group was founded by Ninan Mathai Muthoot in 1887 and is a prominent financial services conglomerate headquartered in Thiruvananthapuram, Kerala, with diversified interests spanning hospitality, automotive dealerships, real estate, healthcare, IT services, precious metals, alternate energy, and security services. Muthoot Fincorp offers a broad suite of financial products, including gold loans, small business loans, affordable housing loans, two-wheeler loans, used-car loans, domestic money transfers, international remittances, foreign exchange, insurance products, and wealth management services. The company benefits from an extensive branch network that ensures wide customer accessibility, along with a diverse product mix catering to varied customer needs. The Muthoot Pappachan Group's long-standing presence in financial services and its focus on customer service have reinforced the company's position as a trusted financial services provider in India.

Rating Rationale

Coupon ladder

Payment schedule of interest and principal

Jul '28Coupon + Principal

₹1,185

Bond Trading History

Trading history isn’t available for this instrument yet.

Data as of 16-Sep-2026

How to invest in this bond

Muthoot Fincorp Limited

Login to your existing Equity broker (Eg. Zerodha, ICICI Direct) and purchase bonds from BSE/NSE just like equity using the following steps:

  1. Search for this specific bond. Copy its ISIN and enter in the Search bar of your broker app.INE549K07IX9If that does not work, try its BSE scrip code:BSE941143
  2. Enter the quantity required.
  3. Enter following Price:₹988.22This is the Price at which you will earn Fixed Returns (Yield) of 10.57% if you hold the bond till maturity. If you enter a different price, then your returns will differ.
  4. Fund your wallet and place the order.
  5. Once the transaction is successful, bonds will get credited to your demat account next day (T+1) like equities.
  6. Interest and Principal will get directly deposited to your bank account linked with your Demat.