BHARAT Bond FOF - April 2031 Direct-IDCW
NAV as of Aug 29, 2024
12.48-0.04%
- IDCW - Direct
(Earn upto 0.00% Extra Returns with Direct Plan)
Fund Category:
Debt: Target Maturity
Expense Ratio:
0.06%(0.18% Category
average)Fund Size:
Rs. 4,571.15 Cr(3.39% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
BHARAT Bond FOF - April 2031 Direct-IDCW
NAV as of Aug 29, 2024
12.48-0.04%
Expense Ratio:
0.06%
Fund Size:
Rs. 4,571.15 Cr
Fund Category:
Debt: Target Maturity
1. Current NAV: The Current Net Asset Value of the BHARAT Bond FOF - April 2031 - Direct Plan as of Aug 29, 2024 is Rs 12.48 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 8.67% (1yr), 6.23% (3yr) and 5.57% (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 FOF - April 2031 - Direct Plan currently holds Assets under Management worth of Rs 4571.15 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.06% for Direct plan as on Aug 17, 2024.
5. Exit Load: BHARAT Bond FOF - April 2031 - Direct Plan shall attract an Exit Load, "Exit load 0.10%, If redeemed within 30 days"
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
BHARAT Bond FOF - April 2031 Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.88 2.42 4.05 8.52 6.21 - Category Avg 0.75 2.40 4.22 8.09 5.62 - Rank within Category 18 51 68 24 2 - No. of funds within Category 100 99 97 95 12 - - Loading...
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Return Comparison
- This Fund
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BHARAT Bond FOF - April 2031 Direct-IDCW Fund Details
Investment Objective - The scheme seeks to generate returns by investing in units of BHARAT Bond ETF - April 2031.
Fund House | Edelweiss Mutual Fund |
Launch Date | Jul 24, 2020 |
Benchmark | NIFTY Bharat Bond Index Series - Apri 2031 |
Return Since Launch | 5.55% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
BHARAT Bond FOF - April 2031 Direct-IDCW Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 1.00 |
Exit Load Exit load 0.10%, If redeemed within 30 days |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 4.88 | 7.99 | 0.56 | 3.1761 |
Average Maturity(Yrs) | 6.42 | 12.92 | 0.61 | 4.0428 |
Yield to Maturity(%) | 7.34 | 7.8554 | 6.5821 | 7.1673 |
Avg Credit Rating | High | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 7.93 | 80.27 |
Low Risk | 88.17 | 16.40 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 3.90 | 3.33 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | - | 35.61 |
CD | - | - |
T-Bills | - | 0.00 |
CP | - | - |
NCD & Bonds | - | 9.93 |
PTC | - | - |
Cash & Others | 100.00 | 54.45 |
Debt Holding In Portfolio
Debt Holdings data not available for this fund
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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 FOF - April 2031 Direct-IDCW 12.48 Unrated 4,571.15 0.72 8.34 6.13 - Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct-IDCW 11.29 Unrated 32.95 0.73 8.20 - - Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Direct - IDCW 11.65 Unrated 3,277.43 0.64 7.90 - - Kotak Nifty AAA Bond Jun 2025 HTM Index Fund Direct - IDCW 10.31 Unrated 23.61 0.53 - - - Aditya Birla Sun Life Nifty SDL Sep 2025 Index Fund Direct-IDCW 11.49 Unrated 75.81 0.61 7.52 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
2.78VS2.26Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
3.36VS3.03Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.15VS0.04Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
0.12VS0.04Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
7.27VS6.33Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
5.94VS5.67Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Edelweiss Mutual Fund News
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- Mango Millionaire: Radhika Gupta announces new book on investing
Fund Manager
- R.D.Rahul DedhiaSince Nov 202118 schemes
- P.K.Pranavi KulkarniSince Jul 202411 schemes
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.
Ms. Kulkarni is a BE Computer Science, MBA Finance Prior to joining Edelweiss Mutual Fund, she has worked with CRISIL Ltd. and Yes Bank.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Edelweiss Aggressive Hybrid Fund Direct-IDCW Aggressive Hybrid 35.06 1,951.63 39.28 Edelweiss Equity Savings Fund Direct-IDCW Equity Savings 18.87 450.33 18.53 Edelweiss Liquid Direct-IDCW Liquid 3,212.99 5,428.32 7.50 Edelweiss Arbitrage Fund Direct-IDCW Arbitrage 13.97 12,007.18 8.34 Edelweiss Money Market Fund Direct-IDCW Money Market 27.41 485.17 7.50 Edelweiss Multi Asset Allocation Fund Direct - IDCW Multi Asset Allocation 10.95 Unrated 1,015.53 8.21 BHARAT Bond FOF - April 2025 Direct-IDCW Target Maturity 12.30 Unrated 4,819.51 7.30 BHARAT Bond FOF - April 2030 Direct-IDCW Target Maturity 13.95 Unrated 6,847.41 8.39 BHARAT Bond ETF FOF - April 2033 Direct - IDCW Target Maturity 11.50 Unrated 2,172.80 8.35 BHARAT Bond ETF FOF - April 2032 Direct - IDCW Target Maturity 11.72 Unrated 4,435.25 8.23 Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund Direct - IDCW Short Duration 11.29 Unrated 150.30 8.24
More Edelweiss Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Edelweiss Arbitrage Fund Direct-Growth | 11,768.88 | 0.69 | 2.15 | 4.51 | 8.61 | 6.51 | |
Edelweiss Balanced Advantage Fund Direct-Growth | 11,281.66 | 3.09 | 8.87 | 13.15 | 26.40 | 14.93 | |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct - Growth | 10,073.56 | 0.63 | 1.89 | 3.78 | 6.98 | 5.36 | |
BHARAT Bond FOF - April 2030 Direct - Growth | 6,767.58 | 0.99 | 1.65 | 4.55 | 6.64 | 5.58 | |
Edelweiss Mid Cap Direct Plan-Growth | 5,863.60 | 11.08 | 25.36 | 28.54 | 59.98 | 30.06 | |
Edelweiss Liquid Direct-Growth | 5,095.66 | 0.62 | 1.91 | 3.83 | 7.43 | 5.83 | |
BHARAT Bond FOF - April 2025 Direct - Growth | 4,981.09 | 0.67 | 1.92 | 3.89 | 7.19 | 4.99 | |
BHARAT Bond FOF - April 2031 Direct - Growth | 4,554.13 | 0.64 | 1.54 | 3.85 | 6.58 | 5.31 | |
BHARAT Bond ETF FOF - April 2032 Direct - Growth | 4,373.51 | 0.92 | 1.65 | 4.59 | 6.24 | - | |
Edelweiss Small Cap Fund Direct - Growth | 3,421.55 | 8.77 | 22.71 | 20.83 | 51.69 | 30.03 |
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1. BHARAT Bond FOF - April 2031 - Direct Plan is Open-ended Target Maturity Debt scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Jul 24, 2020.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate returns by investing in units of BHARAT Bond ETF - April 2031. "
2. It is benchmarked against NIFTY Bharat Bond Index Series - Apri 2031.
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 FOF - April 2031 - Direct Plan is 6.42 years and Duration is 4.88 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 FOF - April 2031 Direct-IDCW
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 FOF - April 2025 Direct-IDCW
- BHARAT Bond FOF - April 2025 Direct - Growth
- BHARAT Bond FOF - April 2031 Direct-IDCW
- BHARAT Bond FOF - April 2031 Direct - Growth
- BHARAT Bond FOF - April 2025 Regular-IDCW
- BHARAT Bond FOF - April 2025 Regular - Growth
- BHARAT Bond FOF - April 2030 Direct-IDCW
- BHARAT Bond FOF - April 2030 Direct - Growth
- BHARAT Bond FOF - April 2030 Regular-IDCW
- BHARAT Bond FOF - April 2030 Regular - Growth
FAQs about BHARAT Bond FOF - April 2031 Direct-IDCW
- Is it safe to invest in BHARAT Bond FOF - April 2031 - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the BHARAT Bond FOF - April 2031 - Direct Plan comes under Moderate risk category.
- What is the category of BHARAT Bond FOF - April 2031 - Direct Plan?BHARAT Bond FOF - April 2031 - Direct Plan belongs to the Debt : Target Maturity category of funds.
- How Long should I Invest in BHARAT Bond FOF - April 2031 - Direct Plan?The suggested investment horizon of investing into BHARAT Bond FOF - April 2031 - Direct Plan 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 FOF - April 2031 - Direct Plan?The BHARAT Bond FOF - April 2031 - Direct Plan is managed by Rahul Dedhia (Since Nov 23, 2021) and Pranavi Kulkarni (Since Jul 01, 2024).
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