BHARAT KA BOND 003-Analysis, Review, Return, Holding & Comparison
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BHARAT KA BOND 003 | EBBETF0423

Low RiskEBBETF0423
BHARAT KA BOND 003
Issued by:Kristal.AI
Index : NSE
Unit Price (NAV) :
Minimum investment: 0 unit
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BHARAT KA BOND 003 | EBBETF0423

BHARAT KA BOND 003 | EBBETF0423

About EBBETF0423 ETF

Bharat Bond ETF is India's first corporate bond exchange-traded fund which invests in public companies run by the Government. It is a Target Maturity ETF that will primarily invest in instruments that comprise the Nifty Bond Index which tracks the performance of AAA-rated public sector bonds maturing in April 2023.

Why this Kristal?
Bharat Bond ETF is a first of its kind Fixed Income ETF in India. The launch of this innovative product is set to revolutionize the way Indians invest. This initiative addresses the structural problems with Indian Corporate Bond market by enabling retail investors to access corporate bonds in a transparent, safe and tax efficient manner with high liquidity.

Safety
All underlying bonds are AAA rated making it a safe investment avenue.

Accessibility
Minimum investment size for bonds is INR 10,00,000. However, Bharat Bond ETF enables an investor to gain exposure to a basket of bonds only for INR 1,000. This dramatic reduction allows retail investors access to the Corporate bond market.


Cost Efficient
Debt mutual funds offer access to corporate bonds for an expense ratio of 0.32% to 1.15% p.a. This means fund manager is eating into your returns. Bharat Bond ETF, on the other hand, offers access to AAA rated bonds at an expense ratio of 0.0005%. This makes the instrument very cost efficient way of gaining exposure to corporate bonds.

Tax Efficient
Bond ETFs are more tax efficient as compared to Bonds because coupons from bonds are taxed at the investor?s applicable slab rate whereas, Bharat Bond ETF is taxed with the benefit of indexation. This significantly reduces the tax liability.

Recommended for: Ideal for investors looking to gain exposure to fixed income asset class with the objective of stable growth.

Asset Class: Fixed Income

When to buy?
Any investor whose goal is to earn a stable return of ~6-7% should invest in this ETF regardless of market timing.

Indicative Yield
Bharat Bond ETF with a 2023 Maturity is expected to yield 6.69%

Asset Class

Asset type breakdown
Bond97.90%
Cash2.10%

EBBETF0423 Countries

Country% of market value
Asia Emerging100%

EBBETF0423 Holdings - Top 10

NameiWeightage (%)
Clearing Corporation Of India Ltd94.70%
Reverse Repo5.28%
Net Receivables/ (Payables)0.02%

EBBETF0423 Summary Data

Fund Size(AUM) i
Symbol EBBETF0423
Exchange XNSE
Asset class EBBETF0423

Fund Strategy

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

EBBETF0423 Fact Sheets & Reports

downloadProspectus
downloadFactsheet
BHARAT KA BOND 003 | EBBETF0423