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Unrated

BHARAT Bond ETF - April 2023 - Regular Plan


Analyst's Choice?

Suitability:

Medium Duration debt funds invest in bonds maturing in 3 to 4 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

We believe that retail investors who are looking to invest for 3 years or more should have at least some portion of their money in equity because of its ability to earn much higher returns. Therefore, Balanced Hybrid or Conservative Hybrid funds, which invest a part of your money in equity shares, are more suitable alternatives for an investment horizon of 3-5 years. They witness sharper ups and downs than Medium Duration debt funds but the possibility of incurring a loss is substantially reduced if you invest for 3 years and above.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.94 -0.03 0.08 1.50 -- -- -- -- -- -- --
VR Bond 1.87 0.11 0.27 1.48 -- -- -- -- -- -- --
Debt: Medium Duration 1.88 0.00 0.14 1.55 -- -- -- -- -- -- --
Rank within category 13 13 14 14 -- -- -- -- -- -- --
Number of funds in category 18 19 19 19 17 17 16 15 13 9 8

As on 25-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.05 (31-Jan-2020 - 07-Feb-2020) -0.01 (09-Jan-2020 - 16-Jan-2020)
Month 1.80 (17-Jan-2020 - 17-Feb-2020) 0.46 (30-Dec-2019 - 29-Jan-2020)
Quarter -- ( - ) -- ( - )
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 6.03 2.13 0.17 0.31 -- --
Debt: Medium Duration* 5.09 3.17 0.03 0.30 0.56 -0.78
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 11 11 -- 45
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.79% HUDCO 14/04/2023 Non Convertible Debenture AAA 0.00 - 14.71 14.71
new 7.12% REC 31/03/2023 Non Convertible Debenture AAA 0.00 - 14.70 14.70
new 6.72% National Bank Agr. Rur. Devp 14/04/2023 Bonds/NCDs AAA 0.00 - 14.69 14.69
new 7.04% Power Finance Corp. 14/04/2023 Non Convertible Debenture AAA 0.00 - 14.68 14.68
new 6.59% IRFC 14/04/2023 Debenture AAA 0.00 - 14.17 14.17
new 6.44% Indian Oil Corp. 14/04/2023 Debenture AAA 0.00 - 13.29 13.29
new 6.38% HPCL 2023 Debenture AAA 0.00 - 5.63 5.63
new 6.64% MRPL 14/04/2023 Non Convertible Debenture AAA 0.00 - 5.29 5.29
new 6.35% Power Grid Corporation 14/04/2023 Debenture AAA 0.00 - 1.41 1.41
new 8.80% Power Grid Corporation 13/03/2023 Bonds AAA 0.00 - 0.60 0.60
new 8.76% Export-Import Bank 14/02/2023 Bonds AAA 0.00 - 0.15 0.15

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jan-2020

Fund Manager

— Dhawal Dalal since 12-Dec-2019

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.

Funds Managed:

— Gautam Kaul since 12-Dec-2019

Education: Mr. Kaul is a B.Com (H) and MBA (Finance).

Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..

Funds Managed:


-0.03%

Change from previous, NAV as on 25-Feb-2020

Growth: ₹ 1,020.1317


Investment Strategy

The scheme seeks to replicate Nifty BHARAT Bond Index - April 2023 by investing in bonds of CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 26-Dec-2019
Return Since Launch: 2.01%
Benchmark: NIFTY Bharat Bond Index Series - April 2023
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 7,078 Cr (As on 31-Jan-2020)
Expense: 0.00% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098

Phone: 40933400 / 1800-425-0090

Email: [email protected]

Website: www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM