Bharat Bond ETF
APRIL 2033
An open ended Target Maturity Exchange Traded Bond Fund predominantly investing in constituents of Nifty BHARAT Bond Index - April 2033.
Data as on31st October, 2024
| Investment Objective : The investment objective of 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. 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 | 12-Dec-22 |
| Benchmark | Nifty BHARAT Bond Index - April 2033 |
| Fund Managers Details | Mr. Dhawal Dalal Experience 26 years Managing Since
12-Dec-22 Mr. Rahul Dedhia Experience 14 years Managing Since 12-Dec-22 |
| 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 |
| Minimum Investment Amount | Rs. 1,000/- and in multiples of Re. 1/- |
| Additional Investment Amount | Rs. 500/- per application & in multiples of Re. 1/- thereof |
Total Expense Ratios~: Bharat Bond ETF April 2023 |
0.0005% |
| Month End AUM |
Rs. 5,991.15 Crore
|
| Monthly Average AUM |
Rs. 5,988.43 Crore
|
| Bharat Bond ETF April 2033 |
1168.5323
|
| (as on October 31, 2024) |
|
Name of Instrument
|
Rating
|
% to Net Assets
|
| Debt | 99.11% | |
| 7.26% GOVT OF INDIA RED 06-02-2033 | SOV | 15.74% |
| 7.55% NPCL NCD RED 23-12-2032 | ICRA AAA | 9.70% |
| 7.54% HPCL NCD RED 15-04-2033 | CRISIL AAA | 7.41% |
| 7.58% POWER FIN NCD RED 15-04-2033 | CRISIL AAA | 6.84% |
| 7.54% NABARD NCD RED 15-04-2033 | CRISIL AAA | 6.62% |
| 7.44% NTPC LTD. SR 79 NCD RED 15-04-2033 | CRISIL AAA | 6.35% |
| 7.52% HUDCO SERIES B NCD RED 15-04-2033 | ICRA AAA | 6.35% |
| 7.47% IRFC SR166 NCD RED 15-04-2033 | CRISIL AAA | 6.31% |
| 7.53% RECL SR 217 NCD RED 31-03-2033 | CRISIL AAA | 6.19% |
| 7.75% IRFC NCD RED 15-04-2033 | CRISIL AAA | 5.12% |
| 6.92% REC LTD NCD RED 20-03-2032 | CRISIL AAA | 4.10% |
| 7.70% PFC SR BS226 B NCD RED 15-04-2033 | CRISIL AAA | 2.87% |
| 7.88% EXIM BANK SR U05 NCD 11-01-2033 | CRISIL AAA | 2.78% |
| 8.5% EXIM BANK NCD RED 14-03-2033 | CRISIL AAA | 2.76% |
| 7.69% RECL SR 218 NCD RED 31-01-2033 | CRISIL AAA | 2.71% |
| 6.92% POWER FINANCE NCD 14-04-32 | CRISIL AAA | 2.35% |
| 7.82% PFC SR BS225 NCD RED 11-03-2033 | CRISIL AAA | 1.81% |
| 7.65% IRFC NCD SR167 RED 30-12-2032 | CRISIL AAA | 1.55% |
| 7.44% NTPC LTD. SR 78 NCD RED 25-08-2032 | CRISIL AAA | 1.38% |
| 7.69% NABARD NCD SR LTIF 1E 31-03-2032 | CRISIL AAA | 0.18% |
| Cash & Other Receivables | 0.89% | |
| TREPS_RED_04.11.2024 | 0.88% | |
| Cash & Cash Equivalent | 0.01% | |
| Grand Total | 100.00% |
|
Period
|
Scheme -
BHARAT Bond ETF - April 2033 |
Benchmark
(Nifty BHARAT Bond Index - April 2033) |
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 | 10.64% |
11,067 |
10.41% |
11,044 |
10.67% |
11,070 |
| Since Inception | 8.60% |
11,685 |
8.25% |
11,615 |
8.52% |
11,669 |
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:
2. The scheme is currently managed by Dhawal Dalal (managing this fund from December 12, 2022 ) and Rahul Dedhia (managing this fund
from December 12, 2022). Please Click here
for name of the
other schemes currently managed by the Fund Managers and relevant scheme for performance.
3. For SEBI prescribed standard format for disclosure of Portfolio YTM for Debt Schemes please click.
|
Yield to
maturity (YTM)
|
7.15%
|
|
Modified
Duration
|
5.77 years
|
|
Average Maturity
|
8.22 years
|
|
Macaulay
Duration
|
6.15 years
|
|
Tracking Error (Direct)
|
1.03%
|
| Tracking error is annualised and is calculated based on data since inception. | |
| For SEBI prescribed standard format for disclosure of Portfolio YTM for Debt Schemes please refer | |
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 2033.
*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 to Moderate Risk
Benchmark Riskometer: Nifty BHARAT Bond Index – April 2033
Investors understand that their principal will be at Low to Moderate 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 2033 or particularly in the ability of the Nifty BHARAT Bond Index – April 2033 to track general stock market performance in India. Please read the full Disclaimers in relation to the Nifty BHARAT Bond Index – April 2033 in the Scheme Information Document