The Bharat Bond ETF - April 2031, managed by Edelweiss Asset Management Limited, aims to passively track the Nifty BHARAT Bond Index by investing in AAA-rated bonds from CPSEs and government entities.

Utilizing a passive investment strategy, this fund seeks to replicate the performance of its benchmark index, the Nifty BHARAT Bond Index - April 2031, while maintaining minimal tracking errors.

The portfolio is heavily concentrated in Non-Convertible Debentures, comprising 93.07% of total assets, with top holdings including IRFC, NABARD, and NHAI, indicating potential concentration risk.

Performance metrics reveal a robust 1-year return of +8.6% and a 3-year CAGR of +8.2%, showcasing consistent returns in a favorable interest rate environment, complemented by a tracking error of 1.21%.

With an AUM of ₹13,163.5 Cr and an exceptionally low expense ratio of 0.01%, the fund is positioned for operational efficiency, overseen by experienced managers with significant industry expertise.