Invest Securely with Muthoot Finance Limited NCD
Muthoot Finance Limited NCD In today's financial landscape, finding secure and lucrative investment options is a top priority for many. If you're seeking a reliable avenue to grow your savings, Muthoot Finance Limited's Non-Convertible Debenture (NCD) might be the ideal choice. In this blog, we'll delve into the details of Muthoot Finance NCD and explore why they are gaining attention from savvy investors.
Understanding Muthoot Finance Limited NCD
Muthoot Finance NCDs represent a golden opportunity in the world of investment. These Non-Convertible Debentures are a testament to financial security and attractive returns. With a history of trust and a commitment to financial excellence, Muthoot Finance Limited has crafted these NCDs to cater to the discerning investor. Dive into the world of Muthoot Finance NCDs and embark on a journey toward financial growth and stability.
What are NCDs?
Non-Convertible Debentures (NCDs) are fixed-income instruments that offer investors a stable and predictable source of income. These debentures are issued by corporations to raise capital for various purposes, including business expansion and debt repayment. Muthoot Finance Limited, a trusted name in the financial industry, is now offering NCDs with an attractive set of features.
Key Features of Muthoot Finance Limited NCD
You can explore some key features of Muthoot Limited NCD by delving into the following highlights :
Muthoot Finance NCD offers a compelling investment opportunity with a blend of security and attractive returns. These NCDs, issued by a trusted Kerala-based NBFC, have gained attention from a wide range of investors due to their notable features.
Issue Size (Net) :
Muthoot Finance Limited is offering NCDs with an issue size of up to Rs. 700 crores, making them accessible to a wide range of investors.
Credit Ratings :
These NCDs have been rated AA+/Stable by ICRA Limited, indicating a high level of creditworthiness and stability.
Issue Dates :
The issue opens on September 21, 2023, and closes on October 6, 2023, providing a limited window of opportunity to invest.
Series and Terms :
Muthoot Finance Limited is offering seven series of NCDs with varying tenors and coupon rates. Investors can choose the series that best aligns with their financial goals.
Interest Payment Frequency :
Depending on the series, you can receive interest payments monthly or annually, ensuring a regular income stream.
Coupon Rates :
The coupon rates for Category I investors range from 7.75% to 8.00% per annum, while Category II, III, and IV investors can enjoy rates between 8.75% and 9.00% per annum.
Maturity Amount :
The maturity amount per NCD varies based on the category and series, ensuring flexibility for investors.
Why Invest in Muthoot Finance Limited NCD?
Muthoot Finance is a trusted name in financial services, established in 1997, is a distinguished gold loan Non-Banking Financial Company (NBFC) hailing from Kerala, India. This financial institution boasts a remarkable heritage spanning 800 years within the family business. Over the years, Muthoot Finance has evolved and diversified its offerings to cater to a wide range of financial needs
As of September 30, 2022, Muthoot Finance had an extensive gold loan portfolio with around 8.16 million loan accounts across 22 states, the national capital territory of Delhi, and six union territories in India. This vast network of services is supported by 4,641 branches, and the company employs 27,204 individuals in its operations.
In terms of financial stability, as of March 31, 2022, Muthoot Finance had borrowings of Rs. 276,630.69 million from various banks and financial institutions.
Investing in Muthoot NCD can offer a range of benefits, making them an attractive option for investors looking to grow their wealth. Here are some key reasons why you should consider investing in Muthoot NCD :
Stable Returns :
With attractive coupon rates, these NCDs offer stable and competitive returns, making them a viable choice for income-oriented investors.
The AA+ rating by ICRA Limited signifies Muthoot Finance Limited's strong financial position and commitment to meeting its financial obligations.
With multiple series and tenor options, investors can tailor their investments to match their financial goals and risk appetite.
Regular Income :
Monthly and annual interest payments provide investors with a steady income source, enhancing financial security
Trusted Name :
Muthoot Finance Limited has a longstanding reputation for integrity and excellence in the financial industry, instilling confidence in investors.
For detailed information on Muthoot Finance Limited NCD, please download the prospectus below
Muthoot NCD present a compelling opportunity for investors looking to strike a balance between security and returns. With a strong credit rating, flexible investment options, and competitive coupon rates, these NCDs offer a path to financial growth and stability.
Before you invest your money, be sure to research and get advice from a financial advisor. However, Muthoot NCD are certainly worth considering if you're seeking a secure and profitable investment avenue. Don't miss out on the chance to invest in these NCDs during the specified window, and take a step towards securing your financial future.