BHARAT Bond ETF - April 2032 - Growth
NAV as of Aug 30, 2024
1,177.760.02%
- Growth - Regular
(Earn upto -0.06% Extra Returns with Direct Plan)
Fund Category:
Debt: Target Maturity
Fund Size:
Rs. 11,362.33 Cr(5.47% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
BHARAT Bond ETF - April 2032 - Growth
NAV as of Aug 30, 2024
1,177.760.02%
Fund Size:
Rs. 11,362.33 Cr
Fund Category:
Debt: Target Maturity
1. Current NAV: The Current Net Asset Value of the BHARAT Bond ETF - April 2032 as of Aug 30, 2024 is Rs 1,177.76 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 8.89% (1yr) and 6.21% (since launch). Whereas, Category returns for the same time duration are: 8.16% (1yr), 5.62% (3yr) and 0.0% (5yr).
3. Fund Size: The BHARAT Bond ETF - April 2032 currently holds Assets under Management worth of Rs 11362.33 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.0% for Regular plan as on Aug 05, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 1001 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 0.
BHARAT Bond ETF - April 2032 - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.74 2.49 4.38 8.70 - - Category Avg 0.75 2.38 4.24 8.05 5.48 - Rank within Category 32 34 29 10 - - No. of funds within Category 95 94 92 90 9 - - Loading...
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Return Comparison
- This Fund
- BenchmarkBHARAT Bond ETF - April 2030-G
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BHARAT Bond ETF - April 2032 - Growth Fund Details
Investment Objective - The investment objective of the scheme is to track the Nifty BHARAT Bond Index - April 2032 by investing in bonds of AAA-rated CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors.
Fund House | Edelweiss Mutual Fund |
Launch Date | Dec 13, 2021 |
Benchmark | Nifty BHARAT Bond Index - April 2032 |
Return Since Launch | 6.21% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
BHARAT Bond ETF - April 2032 - Growth Investment Details
Minimum Investment (Rs.) | 1,001.00 |
Minimum Additional Investment (Rs.) | - |
Minimum SIP Investment (Rs.) | - |
Minimum Withdrawal (Rs.) | - |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 5.52 | 7.99 | 0.0959 | 3.2012 |
Average Maturity(Yrs) | 7.54 | 12.92 | 0.1014 | 4.0851 |
Yield to Maturity(%) | 7.34 | 7.86 | 6.5821 | 7.1735 |
Avg Credit Rating | High | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 16.34 | 78.48 |
Low Risk | 80.21 | 18.26 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 3.45 | 3.26 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | 16.34 | 33.38 |
CD | - | 0.09 |
T-Bills | - | 0.05 |
CP | - | 0.07 |
NCD & Bonds | 80.21 | 13.28 |
PTC | - | - |
Cash & Others | 3.45 | 53.09 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
6.54% GOI 17/01/2032 | Long-term Debt | Sovereign | SOV | 18,563.36 | 16.34 | 19,00,00,000 |
6.92% REC Ltd 20/03/2032 | Long-term Debt | Financial | AAA | 15,298.32 | 13.46 | 15,70,00,000 |
Power Finance Corporation Ltd | Long-term Debt | Financial | AAA | 12,946.27 | 11.39 | - |
NTPC Ltd | Long-term Debt | Energy | AAA | 8,437.10 | 7.43 | - |
7.48% Mangalore Refinery And Petrochemicals Ltd 14/04/2032 | Long-term Debt | Energy | AAA | 8,364.81 | 7.36 | 8,37,00,000 |
6.87% National Highways Authority of India Ltd 14/04/2032 | Long-term Debt | Services | AAA | 7,963.09 | 7.01 | 8,20,00,000 |
Indian Railway Finance Corporation Ltd | Long-term Debt | Financial | AAA | 7,269.28 | 6.40 | - |
7.79% Indian Oil Corporation Ltd 12/04/2032 | Long-term Debt | Energy | AAA | 5,183.72 | 4.56 | 5,05,00,000 |
6.85% National Bank For Agriculture & Rural Development 14/04/2032 | Long-term Debt | Financial | AAA | 4,812.36 | 4.24 | 5,00,00,000 |
7.81% Hindustan Petroleum Corporation Ltd 13/04/2032 | Long-term Debt | Energy | AAA | 4,052.74 | 3.57 | 3,95,00,000 |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y BHARAT Bond ETF - April 2032 - Growth 1,177.54 Unrated 11,362.33 0.74 8.70 - - ICICI Prudential Nifty PSU Bond Plus SDL Sep 2027 40:60 Index Fund - Growth 11.57 Unrated 8,776.61 0.69 7.86 - - Bandhan Crisil IBX Gilt April 2032 Index Fund Regular-Growth 11.40 Unrated 396.61 0.91 8.72 - - Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60:40 Index Fund Regular - Growth 11.57 Unrated 861.73 0.71 7.88 - - Mirae Asset Nifty SDL June 2028 Index Fund Regular - Growth 11.13 Unrated 77.93 0.78 8.11 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Edelweiss Mutual Fund News
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Fund Manager
- D.D.Dhawal DalalSince Dec 202111 schemes
- R.D.Rahul DedhiaSince Dec 202126 schemes
Mr. Dalal is a B.E and MBA. Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance. Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
More Edelweiss Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
BHARAT Bond ETF - April 2030 - Growth | 18,782.69 | 0.67 | 1.53 | 4.27 | 6.91 | 5.88 | |
BHARAT Bond ETF - April 2031 - Growth | 13,538.08 | 0.62 | 1.40 | 4.39 | 6.99 | 5.66 | |
BHARAT Bond ETF - April 2025 - Growth | 12,019.15 | 0.64 | 1.97 | 3.89 | 7.21 | 5.25 | |
Edelweiss Arbitrage Fund Regular-Growth | 11,768.88 | 0.63 | 1.97 | 4.16 | 7.87 | 5.76 | |
Edelweiss Balanced Advantage Fund Regular-Growth | 11,281.66 | 2.98 | 8.54 | 12.45 | 24.86 | 13.46 | |
BHARAT Bond ETF - April 2032 - Growth | 11,191.19 | 0.72 | 1.66 | 4.58 | 7.18 | - | |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Regular - Growth | 10,073.56 | 0.61 | 1.84 | 3.67 | 6.76 | 5.17 | |
BHARAT Bond FOF - April 2030 Regular - Growth | 6,767.58 | 0.99 | 1.65 | 4.55 | 6.64 | 5.58 | |
Edelweiss Mid Cap Fund Regular-Growth | 5,863.60 | 10.94 | 24.93 | 27.65 | 57.77 | 28.14 | |
BHARAT Bond ETF - April 2033 - Growth | 5,691.11 | 0.77 | 1.58 | 4.76 | 7.39 | - |
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1. BHARAT Bond ETF - April 2032 is Open-ended Target Maturity Debt scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Dec 13, 2021.
Investment objective & Benchmark
1. The investment objective of the fund is that " The investment objective of the scheme is to track the Nifty BHARAT Bond Index - April 2032 by investing in bonds of AAA-rated CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors. "
2. It is benchmarked against Nifty BHARAT Bond Index - April 2032.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of BHARAT Bond ETF - April 2032 is 7.54 years and Duration is 5.52 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on BHARAT Bond ETF - April 2032 - Growth
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
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- BHARAT Bond ETF - April 2033 - Growth
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- BHARAT Bond ETF FOF - April 2033 Direct - Growth
- BHARAT Bond ETF FOF - April 2033 Direct - IDCW
- BHARAT Bond ETF - April 2030 - Growth
- BHARAT Bond ETF FOF - April 2032 Regular - IDCW
- BHARAT Bond ETF FOF - April 2032 Regular - Growth
- BHARAT Bond ETF - April 2032 - Growth
- BHARAT Bond ETF FOF - April 2032 Direct - IDCW
- BHARAT Bond ETF FOF - April 2032 Direct - Growth
FAQs about BHARAT Bond ETF - April 2032 - Growth
- Is it safe to invest in BHARAT Bond ETF - April 2032?As per SEBI’s latest guidelines to calculate risk grades, investment in the BHARAT Bond ETF - April 2032 comes under Moderate risk category.
- What is the category of BHARAT Bond ETF - April 2032?BHARAT Bond ETF - April 2032 belongs to the Debt : Target Maturity category of funds.
- How Long should I Invest in BHARAT Bond ETF - April 2032?The suggested investment horizon of investing into BHARAT Bond ETF - April 2032 is null. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the BHARAT Bond ETF - April 2032?The BHARAT Bond ETF - April 2032 is managed by Dhawal Dalal (Since Dec 03, 2021) and Rahul Dedhia (Since Dec 03, 2021).
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