February 27, 2024
mayank
BHARAT Bond ETF-April 2033 Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 1,096.1612
Suitable For Which Investors?
This is a fund that comes with a fixed maturity and invests in bonds whose maturity is in line with that of the fund. Upon the completion of the stated tenure, the fund is wound up and investors’ money is returned to them along with accumulated gains. They provide predictability (though not a guarantee) of returns because by staying invested till the end of its term, you can expect to get returns close to its ‘indicative yield’ at the time of making the investment.
They can be a viable option for fixed-income investors whose investment horizon matches the tenure of the fund. Such funds are more attractive when the interest rates are high, so as to ‘lock-in’ a high rate of return and benefit from it by staying invested for the entire fund tenure.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The scheme is to track the Nifty BHARAT Bond Index – April 2033 by investing in bonds of AAA-rated CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors.
Fund Manager:
1) Dhawal Dalal
Education: Mr. Dalal is a B.E and MBA.
Experience: Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
2) Rahul Dedhia
Education: Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA – Finance.
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
Investment Details
| Min. Investment (Rs) | 1,001 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 12-Dec-22 |
| Return Since Launch | 7.90% |
| Benchmark | Nifty BHARAT Bond Index – April 2033 |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 5,410 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.00% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of BHARAT Bond ETF-April 2033
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| BHARAT Bond ETF-April 2033 | 2.10 | 0.16 | 1.72 | 3.10 | 4.49 | 8.97 | — | — | — | — |
| CCIL T Bill Liquidity Weight | 0.69 | -0.01 | 0.36 | 1.17 | 2.26 | 4.61 | — | — | — | — |
| Debt: Target Maturity | 1.44 | 0.09 | 0.93 | 2.54 | 3.79 | 8.06 | — | — | — | — |
| Rank within category | 11 | 7 | 10 | 16 | 4 | 9 | — | — | — | — |
| Number of funds in category | 98 | 98 | 98 | 97 | 96 | 83 | 7 | 0 | 0 | 0 |
Peer Comparison of BHARAT Bond ETF-April 2033
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| BHARAT Bond ETF-April 2033 | Unrated | 8.97 | — | — | 0.00 | 5,410 | 7.90 | — | 1Y 2M |
| BHARAT Bond ETF-April 2030 | Unrated | 8.37 | 6.68 | — | 0.00 | 18,285 | 7.31 | — | 4Y 2M |
| BHARAT Bond ETF-April 2031 | Unrated | 8.66 | 6.58 | — | 0.00 | 13,230 | 5.23 | — | 3Y 7M |
| BHARAT Bond ETF-April 2025 | Unrated | 7.61 | 5.51 | — | 0.00 | 11,631 | 4.90 | — | 3Y 7M |
| BHARAT Bond ETF-April 2032 | Unrated | 8.90 | — | — | 0.00 | 10,677 | 5.56 | — | 2Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 21 | 22 |
| Macaulay Duration (yrs) | 6.63 | 3.66 |
| Average Maturity (yrs) | 8.94 | 4.51 |
| Yield to Maturity (%) | 7.57 | 7.45 |
| Avg Credit Rating | AAA | — |
How to Invest in BHARAT Bond ETF-April 2033?
Chanakya’s Mutual Fund Guidance For BHARAT Bond ETF-April 2033
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