The Bharat Bond ETF - April 2032, managed by Edelweiss Asset Management Limited, aims to track the Nifty BHARAT Bond Index by investing primarily in AAA-rated bonds from CPSEs and government entities.

Adopting a passive investment strategy, the ETF seeks to replicate the performance of its benchmark, the Nifty BHARAT Bond Index - April 2032, with a tracking error of 1.39%.

The portfolio is heavily concentrated in Non-Convertible Debentures, comprising 91.04% of assets, with top holdings including REC Ltd and Power Finance, indicating potential concentration risks.

Performance metrics show a 1-year change of +8.3% and a 3-year CAGR of +8.5%, reflecting consistent returns amidst market fluctuations, although long-term data is limited.

With an AUM of ₹10,587.3 Cr and an expense ratio of just 0.01%, the ETF demonstrates operational efficiency, managed by experienced professionals since December 2021.