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Axis Max Life Insurance 7.50% Aug 2031 NCD (INE511N08016)

CRISIL AA+ · NSDL record, 2021 Unsecured NCD

Axis Max Life Insurance Limited

Unsecured, Taxable, Redeemable NCD

Browse: bonds maturing in 2031

3 more bonds from Axis Max Life Insurance Limited →
Current YTM
—
No current market yield
Coupon Rate
7.50%
Per annum
Maturity Date
02 Aug 2031
4.7 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Market Position

YTM (Annual)
—
No trade in the last 30 days, so the last traded yield is not shown as current. Last trade 13 Jul 2026.
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
4.7 Years
Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

2 Aug 2027
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
2 Aug 2028
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
2 Aug 2029
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
2 Aug 2030
Interest Payment
₹75,000.00 / Bond
₹67,500.00 net of 10% TDS (est.)
2 Aug 2031
Final coupon + principal
₹10,75,000.00 / Bond
₹75,000.00 coupon + ₹10,00,000 face value

5 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Payment Disclosures (SEBI Reg52(4))

2 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2031-08-02 Redemption ₹4,96,00,00,000.00 ₹4,96,00,00,000.00 Paid XBRL →
2026-08-02 Interest ₹37,20,00,000.00 ₹37,20,00,000.00 Paid XBRL →
Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Redemption paid (SEBI Reg52(4) disclosure) — due 2 Aug 2031 Interest paid (SEBI Reg52(4) disclosure) — due 2 Aug 2026 Issued 2 Aug 2021 Matures 2 Aug 2031

2 SEBI Reg52(4) disclosed payments — hover a square/diamond for detail.

Key Metrics

Coupon Rate
7.50%
YTM (Annual)
—
Credit Rating
AA+
Rating on NSDL record (CRISIL, 2021)
Not a current agency rating; see below
Remaining Tenure
4.7 Years

AA+ (CRISIL): Rating on NSDL record (CRISIL, 2021), dated 6 Jul 2021. The rating NSDL's debt master records for this instrument, often from the time of issue. No current rating from an agency or exchange is on file, so it may be out of date.

Advanced metrics
Modified Duration
3.79 Yrs
Macaulay Duration
4.08 Yrs
Issue Size
₹496 Cr
Face Value
₹10,00,000
Per bond. Exchange lot size not on file; check the offer document.

Market Characteristics

Modified Duration
3.79 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
13 Jul 2026
NSE OTC (WAP)
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.70 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2 Aug 2021
Day Count Convention
ACT/ACT
Listed Exchange
—
Call / Put Option
Callable

Axis Max Life Insurance Limited issued Axis Max Life Insurance 7.50% Aug 2031 NCD, an unsecured NCD. It pays a 7.50% p.a. coupon, annually. Principal is repaid at maturity. The issuer holds the right to redeem it before the maturity date.

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Axis Max Life Insurance Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE511N08016: trade date, clean price, YTM and number of trades
Trade DateClean PriceYTM (%)Trades
2026-07-13 99.9359 9.0000 2

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL (NSDL record) 2021-07-06
Rating Actions History 0 — —
Secondary-Market Trades 1 NSE OTC (WAP) 2026-07-13
Reg52(4) Payment Disclosures 2 NSE 2031-08-02
  • No current rating from an agency or exchange on file; the rating shown is the one NSDL's debt master records, often from the time of issue.
  • No trade in the last 30 days, so the last traded yield is not shown as current.

Documents

Entity metadata
Source
NSDL debt master
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Current Price (Clean)
₹9,99,359.00
YTM—
Trade Date 13 Jul 2026 118d ago
SourceNSE OTC (WAP)
Accrued interest (est.)₹20,342.47
Dirty price (est.)₹10,19,701.47
View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE511N08016
Issue Date
2 Aug 2021
Maturity Date
2 Aug 2031
Listing
—
Payment Frequency
Annual
Put / Call Option
Call
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
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Frequently Asked Questions
What is the coupon rate on Axis Max Life Insurance 7.50% Aug 2031 NCD?

Axis Max Life Insurance 7.50% Aug 2031 NCD carries a coupon of 7.50%, paid annual, on a face value of ₹10,00,000.

When does Axis Max Life Insurance 7.50% Aug 2031 NCD mature?

Axis Max Life Insurance 7.50% Aug 2031 NCD matures on 2 Aug 2031, 4.7 years from today.

What is Axis Max Life Insurance 7.50% Aug 2031 NCD rated?

No current rating from an agency or exchange is on file for Axis Max Life Insurance 7.50% Aug 2031 NCD. NSDL's debt master records a rating of AA+ by CRISIL, dated 6 Jul 2021, often from the time of issue, so it may be out of date.

Is Axis Max Life Insurance 7.50% Aug 2031 NCD secured?

Axis Max Life Insurance 7.50% Aug 2031 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Axis Max Life Insurance 7.50% Aug 2031 NCD be called or put back early?

Axis Max Life Insurance 7.50% Aug 2031 NCD is callable -- the issuer may redeem it before maturity on scheduled call dates.

More Bonds from This Issuer

A
Axis Max Life Insurance 8.34% Feb 2035 NCD
INE511N08024
AA+ NSDL record, 2025
Coupon
8.34%
Maturity
18 Feb 2035
A
Axis Max Life Insurance 7.95% Sep 2035 NCD
INE511N08032
Coupon
7.95%
Maturity
24 Sep 2035
A
Axis Max Life Insurance 8.60% Sep 2036 NCD
INE511N08040
Coupon
8.60%
Maturity
28 Sep 2036
Compare (/) Compare Bonds

Comparable NCDs maturing near 2031

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.50%. For comparison only, not a recommendation.

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INE033L08296Tata Capital Housing Finance LimitedAAA NSDL record, 20217.50%2031-04-18
INE033L07HO3Tata Capital Housing Finance LimitedAAA NSDL record, 20227.50%2032-02-16
INE245A08307The Tata Power Company LimitedAA+7.50%2031-07-14
INE733E07KG3NTPC LimitedAAA NSDL record, 20167.49%2031-11-07
INE103A08050Mangalore Refinery and Petrochemicals LimitedAAA7.48%2032-04-14
INE002A08708Reliance Industries LimitedAAA7.47%2031-09-16

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