Bharat Bond ETF APRIL 2025
(An open ended Target Maturity Exchange Traded Bond Fund
predominantly investing in constituents of
Nifty BHARAT Bond Index - April 2025)
Data as on 31st October, 2024
| Investment Objective : The investment objective of the scheme is to track the Nifty BHARAT Bond Index – April 2025 by investing in bonds of AAA-rated CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. |
|
| Inception Date | 22-Jul-2020 |
| Benchmark | Nifty BHARAT Bond Index – April 2025 |
| Fund Managers Details | Mr. Dhawal Dalal Experience 26 years Managing Since 22-Jul-20 Mr. Rahul Dedhia Experience 14 years Managing Since 23-Nov-21 |
| Minimum Creation Unit Size | Through AMC: Rs 25 crs Through Exchange: 1 unit |
| Plan/Options: | The Scheme does not offer any Plans/Options for investment. |
| Exit Load | NIL |
Total Expense Ratios~: Bharat Bond ETF April 2025 |
0.0005% |
| Month End AUM |
Rs. 10,802.38 Crore
|
| Monthly Average AUM |
Rs. 11,071.78 Crore
|
| Bharat Bond ETF April 2025 |
1250.8653
|
| (as on October 31, 2024) |
|
Name of Instrument
|
Rating
|
% to Net Assets
|
| Debt | 99.75% | |
| 5.59% SIDBI NCD RED 21-02-2025 | CARE AAA | 11.57% |
| NABARD CD RED 15-04-2025 | CRISIL AAA | 8.73% |
| 5.4% INDIAN OIL CORP NCD 11-04-25 | CRISIL AAA | 8.18% |
| 5.36% HPCL NCD RED 11-04-2025 | CRISIL AAA | 7.81% |
| 6.88% NHB LTD NCD RED 21-01-2025 | CRISIL AAA | 7.06% |
| 5.90% REC LTD. NCD RED 31-03-2025 | CRISIL AAA | 6.91% |
| 5.77% PFC LTD NCD RED 11-04-2025 | CRISIL AAA | 6.43% |
| 5.47% NABARD NCD RED 11-04-2025 | ICRA AAA | 5.48% |
| 5.35% HUDCO NCD RED 11-04-2025 | ICRA AAA | 5.02% |
| 6.35% EXIM BANK OF INDIA NCD 18-02-2025 | CRISIL AAA | 4.91% |
| 5.25% ONGC NCD RED 11-04-2025 | ICRA AAA | 3.85% |
| 5.34% NLC INDIA LTD. NCD 11-04-25 | CRISIL AAA | 3.67% |
| 6.88% REC LTD. NCD RED 20-03-2025 | CRISIL AAA | 3.48% |
| 5.70% SIDBI NCD RED 28-03-2025 | ICRA AAA | 2.99% |
| 6.99% IRFC NCD RED 19-03-2025 | CRISIL AAA | 2.32% |
| 6.85% POWER GRID CORP NCD RED 15-04-2025 | CRISIL AAA | 2.15% |
| 6.39% INDIAN OIL CORP NCD RED 06-03-2025 | CRISIL AAA | 2.11% |
| 8.27% REC LTD NCD RED 06-02-2025 | CRISIL AAA | 1.88% |
| 8.20% POWER GRID CORP NCD RED 23-01-2025 | CRISIL AAA | 1.23% |
| 9.18% NUCLEAR POWER CORP NCD RD 23-01-25 | CRISIL AAA | 0.95% |
| 8.65% POWER FINANCE NCD RED 28-12-2024 | CRISIL AAA | 0.85% |
| 8.30% REC LTD NCD RED 10-04-2025 | CRISIL AAA | 0.50% |
| 5.23% NABARD NCD RED 31-01-2025 | CRISIL AAA | 0.48% |
| 5.57% SIDBI NCD RED 03-03-2025 | ICRA AAA | 0.24% |
| 8.80% POWER FIN CORP NCD RED 15-01-2025 | CRISIL AAA | 0.20% |
| 8.95% POWER FIN CORP NCD RED 30-03-2025 | CRISIL AAA | 0.16% |
| 8.11% EXIM BANK NCD RED 03-02-2025 | CRISIL AAA | 0.15% |
| 8.87% EXIM BANK NCD RED 13-03-2025 | CRISIL AAA | 0.15% |
| 8.15% EXIM BANK NCD RED 05-03-2025 | CRISIL AAA | 0.15% |
| 8.2% POWER FIN NCD RED 10-03-2025 | CRISIL AAA | 0.05% |
| 8.15% POWER GRID CORP NCD RED 09-03-2025 | CRISIL AAA | 0.05% |
| 8.95% INDIAN RAILWAY FIN NCD 10-03-2025 | CRISIL AAA | 0.05% |
| Cash & Other Receivables | 0.25% | |
| TREPS_RED_04.11.2024 | 0.24% | |
| Cash & Cash Equivalent | 0.004% | |
| Grand Total | 100.00% |
|
Yield to
maturity (YTM)
|
7.40%
|
|
Modified
Duration
|
0.36 years
|
|
Average Maturity
|
0.38 years
|
|
Macaulay
Duration
|
0.38 years
|
|
Tracking Error (Direct)
|
0.22%
|
| Tracking error is annualised and is calculated based on data since inception. | |
|
Period
|
Scheme - Regular Plan |
Benchmark Nifty BHARAT Bond Index – April 2025#) |
Additional Benchmark (CRISIL 10 year Gilt Index) |
|||
|
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
|
| 1 Year | 7.77% |
10,780 |
7.63% |
10,765 |
10.67% |
11,070 |
|
3 Years |
5.48% |
11,739 |
5.51% |
11,749 |
5.59% |
11,779 |
|
Since Inception |
5.37% |
12,509 |
5.45% |
12,547 |
4.49% |
12,066 |
Past performance may or may not be sustained in future and should not
be used as a basis for comparison with other investments.
* CAGR Return.
Notes:
1. The scheme does not offer any plans
2.The scheme is currently managed by Dhawal Dalal (managing since 22-Jul-20 ) and Rahul Dedhia (managing this fund from
23-Nov-21).Please Click here for name of the other
schemes currently managed by the Fund Managers and relevant scheme for performance.
3. Bharat Bond ETF – April 2023 has been merged into Bharat Bond ETF – April 2025 (wef. April 17, 2023)
4. For SEBI prescribed standard format for disclosure of Portfolio YTM for Debt Schemes please click.
This Product is suitable for investors who are seeking*:
- Income over the Target Maturity period
- An open ended Target Maturity Exchange Traded Bond Fund that seeks to track the returns provided by Nifty BHARAT Bond Index - April 2025.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at Low risk
Benchmark Riskometer: Nifty BHARAT Bond Index – April 2025
Investors understand that their principal will be at Low Risk
Disclaimer of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE'. The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE (formerly known as India Index Services & Products Limited (IISL)). NSE does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of “the Product” or any member of the public regarding the advisability of investing in securities generally or in “the Product” linked to Nifty BHARAT Bond Index – April 2025 or particularly in the ability of the Nifty BHARAT Bond Index – April 2025 to track general stock market performance in India. Please read the full Disclaimers in relation to the Nifty BHARAT Bond Index – April 2025 in the Scheme Information Document