The Bharat Bond ETF - April 2032, managed by Edelweiss Asset Management Limited, aims to replicate the Nifty BHARAT Bond Index by investing primarily in AAA-rated bonds from public sector enterprises.

This passive fund employs a strategy that focuses on minimizing tracking errors while investing heavily in non-convertible debentures, ensuring a robust alignment with its benchmark index.

The portfolio is concentrated in a few key holdings, with top allocations including REC Ltd and Power Finance, reflecting a significant exposure to select issuers and potential concentration risk.

Over the past year, the fund has achieved a remarkable return of +28.9%, with a solid 3-year CAGR of 8.8%, indicating strong performance amidst market fluctuations and a manageable tracking error of 1.39%.

With a fund size of ₹10,587.3 Cr and an exceptionally low expense ratio of 0.01%, this ETF offers efficient cost management, enhancing accessibility for investors looking to engage in fixed-income securities.