BHARAT Bond ETF - April 2032 - Growth
Unrated
NAV as of Jan 14, 2025
1,213.76-0.03%
- Growth - Regular
(Earn upto -0.06% Extra Returns with Direct Plan)
Fund Category:
Debt: Target Maturity
Fund Size:
Rs. 10,698.76 Cr(5.49% of Investment in Category)
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BHARAT Bond ETF - April 2032 - Growth
Unrated
NAV as of Jan 14, 2025
1,213.76-0.03%
Fund Size:
Rs. 10,698.76 Cr
Fund Category:
Debt: Target Maturity
BHARAT Bond ETF - April 2032 - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the BHARAT Bond ETF - April 2032 as of Jan 14, 2025 is Rs 1,213.76 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 10.6% (1yr) and 6.62% (since launch). Whereas, Category returns for the same time duration are: 9.096468803382223% (1yr), 5.605592657032734% (3yr) and 0.0% (5yr).
3. Fund Size: The BHARAT Bond ETF - April 2032 currently holds Assets under Management worth of Rs 10575.3821 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.00050% for Regular plan as on Sep 30, 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.
1. Current NAV: The Current Net Asset Value of the BHARAT Bond ETF - April 2032 as of Jan 14, 2025 is Rs 1,213.76 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 10.6% (1yr) and 6.62% (since launch). Whereas, Category returns for the same time duration are: 9.096468803382223% (1yr), 5.605592657032734% (3yr) and 0.0% (5yr).
3. Fund Size: The BHARAT Bond ETF - April 2032 currently holds Assets under Management worth of Rs 10575.3821 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.00050% for Regular plan as on Sep 30, 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 0.12 1.13 4.67 9.67 6.76 - Category Avg 0.24 1.24 3.83 8.07 5.92 7.62 Rank within Category 74 72 2 7 1 - No. of funds within Category 104 97 94 91 13 1 - Loading...
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Return Comparison
- This Fund
- BenchmarkBHARAT Bond ETF - April 2030-G
Choose from Benchmarks
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- Nifty 50
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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 | 6.47% |
| Riskometer | Low to 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) | 5.4 | 7.96 | 0.22 | 3.0851 |
| Average Maturity(Yrs) | 7.43 | 12.7 | 0.23 | 3.9401 |
| Yield to Maturity(%) | 7.18 | 8.15 | 6.5821 | 7.0321 |
| Avg Credit Rating | High | - | - | - |
Style Box
CREDIT RATING
INTEREST RATE SENSITIVITY
HighMediumLow
HighMediumLow
Investment / Portfolio Grades
| Security Type | Weight(%) | Category Avg(%) |
|---|---|---|
| Government Backed | 8.43 | 72.19 |
| Low Risk | 88.94 | 23.66 |
| Moderate Risk | - | - |
| High Risk | - | - |
| Very High Risk | - | - |
| Others | 2.63 | 3.22 |
Type of Holdings
| Security Type | Weight(%) | Category Avg(%) |
|---|---|---|
| GOI | 8.98 | 32.84 |
| CD | - | 0.09 |
| T-Bills | - | 0.00 |
| CP | - | - |
| NCD & Bonds | 86.96 | 14.95 |
| PTC | - | - |
| Cash & Others | 4.06 | 52.12 |
Debt Holding In Portfolio
| Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
|---|---|---|---|---|---|---|
| 6.92% REC Ltd 20/03/2032 | Debenture | Financial | AAA | 15,163.06 | 14.34 | 15,45,00,000 |
| Power Finance Corporation Ltd | Debenture | Financial | AAA | 12,356.84 | 11.68 | - |
| 6.54% GOI 17/01/2032 | GOI Securities | Sovereign | SOV | 9,498.15 | 8.98 | 9,60,00,000 |
| NTPC Ltd | Debenture | Energy | AAA | 9,020.97 | 8.53 | - |
| 7.48% Mangalore Refinery And Petrochemicals Ltd 14/04/2032 | Debenture | Energy | AAA | 8,427.51 | 7.97 | 8,37,00,000 |
| 6.87% National Highways Authority of India Ltd 14/04/2032 | Debenture | Services | AAA | 8,041.59 | 7.60 | 8,20,00,000 |
| Indian Railway Finance Corporation Ltd | Debenture | Financial | AAA | 7,372.31 | 6.97 | - |
| 7.79% Indian Oil Corporation Ltd 12/04/2032 | Debenture | Energy | AAA | 5,242.06 | 4.96 | 5,05,00,000 |
| 6.85% National Bank For Agriculture & Rural Development 14/04/2032 | Debenture | Financial | AAA | 4,860.38 | 4.60 | 5,00,00,000 |
| 7.81% Hindustan Petroleum Corporation Ltd 13/04/2032 | Debenture | Energy | AAA | 4,114.11 | 3.89 | 3,95,00,000 |
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 1,213.76 Unrated 10,698.76 0.12 9.67 6.76 - Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Regular-Growth 11.72 Unrated 456.51 0.58 7.36 - - HDFC Nifty SDL Oct 2026 Index Fund Regular - Growth 11.51 Unrated 194.47 0.41 7.80 - - SBI CRISIL IBX Gilt Index - June 2036 Fund Regular - Growth 12.14 Unrated 2,423.07 -0.27 9.34 - - Aditya Birla Sun Life CRISIL IBX Gilt June 2027 Index Fund Regular - Growth 10.46 Unrated 13.02 0.37 - - -
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
2.77VS2.19Fund 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
4.53VS3.65Fund 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
0.20VS-0.12Fund 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
0.12VS-0.07Fund 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
10.20VS7.57Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
6.53VS5.77Fund Vs Category Avg
Risk Ratio Chart
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- Risk Ratio
- Category Average
Size of Bubbles represents the Fund Size
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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 | 18,435.45 | 0.47 | 1.43 | 4.60 | 8.99 | 6.52 | |
| BHARAT Bond ETF - April 2031 - Growth | 12,740.82 | 0.62 | 1.29 | 4.87 | 9.24 | 6.46 | |
| Edelweiss Balanced Advantage Fund Regular-Growth | 12,380.59 | -0.10 | -4.45 | 0.73 | 13.36 | 11.19 | |
| Edelweiss Arbitrage Fund Regular-Growth | 12,199.21 | 0.70 | 1.87 | 3.49 | 7.62 | 6.39 | |
| BHARAT Bond ETF - April 2025 - Growth | 10,740.31 | 0.65 | 1.85 | 3.75 | 7.77 | 5.68 | |
| BHARAT Bond ETF - April 2032 - Growth | 10,652.27 | 0.62 | 1.44 | 4.95 | 9.78 | 6.68 | |
| Edelweiss Mid Cap Fund Regular-Growth | 8,280.35 | 1.70 | -1.09 | 7.37 | 38.94 | 25.37 | |
| Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Regular - Growth | 7,923.19 | 0.58 | 1.66 | 3.69 | 7.51 | 5.43 | |
| BHARAT Bond FOF - April 2030 Regular - Growth | 6,868.59 | 0.66 | 1.44 | 3.89 | 9.06 | 6.53 | |
| BHARAT Bond ETF - April 2033 - Growth | 6,009.28 | 0.80 | 1.44 | 5.02 | 10.06 | - |
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About BHARAT Bond ETF - April 2032 - Growth
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 7.43 years and Duration is 5.4 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.
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 7.43 years and Duration is 5.4 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
- BHARAT Bond ETF - April 2031 - Growth
- BHARAT Bond ETF - April 2025 - Growth
- BHARAT Bond ETF - April 2033 - Growth
- BHARAT Bond ETF FOF - April 2033 Regular - Growth
- BHARAT Bond ETF FOF - April 2033 Regular - IDCW
- 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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