Muthoot Fincorp NCD – Key Highlights (BSE Listed)
Muthoot Fincorp Limited has issued Secured, Redeemable, Non-Convertible Debentures (NCDs) which are listed on BSE, offering investors a mix of regular income and capital appreciation options.
🔹 Basic Details
- Face Value: ₹1,000 per NCD
- Issue Price: ₹1,000
- Minimum Investment: 1 NCD
- Listing: BSE (Public Issue)
- Security Type: Secured NCDs
🔹 Interest Options Available
Investors can choose based on their income needs:
✅ Monthly Income Options
- Coupon Rates: 8.37% – 8.75% p.a.
- Suitable for: Regular income seekers
✅ Annual Income Options
- Coupon Rates: 8.70% – 9.10% p.a.
- Suitable for: Yearly income planning
✅ Cumulative Option (No regular payout)
- Returns paid at maturity
- Maturity values up to:
- ₹1,181.84 (2 years)
- ₹1,289.99 (3 years)
- ₹1,538.99 (5 years)
- ₹1,687.16 (6 years)
🔹 Effective Yield
- Up to 9.10% per annum (depending on series)
🔹 Tenure Options
- 2 Years (Matures: 25-Mar-2028)
- 3 Years (Matures: 25-Mar-2029)
- 5 Years (Matures: 25-Mar-2031)
- 6 Years (Matures: 25-Mar-2032)
🔹 Credit Rating
- Rated:
- CRISIL AA- / Positive
- Brickwork Ratings (BWR) AA / Stable
👉 Indicates high degree of safety regarding timely servicing of financial obligations
🔹 Key Benefits
✔ Secured investment (backed by assets)
✔ Listed on BSE – Liquidity available
✔ Multiple payout options (monthly / annual / cumulative)
✔ Attractive returns vs traditional FDs
✔ Suitable for income + long-term investors
⚠️ Important Considerations
- Market price may fluctuate after listing
- Interest rate risk exists
- Early exit depends on market liquidity
💡 Who Should Invest?
- Investors looking for fixed income with better returns than FD
- Those wanting regular monthly/annual income
- Long-term investors preferring cumulative growth option
Offcanvas
