About Bharat Bond Debt ETF

How does BHARAT Bond ETF work?

Investment Strategy

BHARAT Bond ETF will have fixed maturity period

Follows Nifty BHARAT Bond ETF Index

It will Invests in high quality 'AAA' rated bonds of Public Sector Companies

Holds bond till their maturity and reinvest the coupons received

Will invest 5% of its allocation towards G-Sec/TREPS for liquidity management purpose

Benefits of Investing in BHARAT Bond ETF

Stability and Predictability

A bond like structure with fixed maturity provides predictable and stable returns at maturity.

High Safety

Investment in Public Sector bonds provide peace of mind

Transparency

Daily disclosure of portfolio constituents and live NAV periodically through the day

No Lock-in

Buy/Sell on exchange any time during trading hours or through AMC in creation size

Lower Tax

Enjoy the benefit of indexation, LTCG Tax at only 20% post indexation.^*(^*Additional Surcharge applicable)

Investment Options

We have got you two options:
Short-term for 3+ years & Long-term for 10+ years tenure

Short Term

3+ Yrs

Maturity in April 2023

•  BHARAT Bond ETF April 2023

Index Yield

6.69%^#

As on 05/12/2019.^#

Long Term

10+ Yrs

Maturity in April 2030

•  BHARAT Bond ETF April 2030

Index Yield

7.58%^#

As on 05/12/2019.^#

Enjoy the Benefit of Indexation

Indexation is an efficient way to lower your tax on return by adjusting it for inflation. It allows you to adjust purchase price of your investment. That means higher the purchase price- lower the tax applicable.

Index Methodology

BHARAT Bond ETF will seek to track investment results of the Nifty BHARAT Bond Index and will invest in high-quality AAA rated Public Sector Bonds.

BHARAT Bond Index will have similar maturity as that of the respective BHARAT Bond ETF

Index will select bonds in a transparent manner through a 3 step process as shown below:

1 Selection

'AAA' rated bonds issued by Public Sector Companies

Bonds Maturing within 12 months prior to maturity of the Index

2 Weight Assignment

Weights based on total outstanding amount ie. higher the outstanding - higher the weightage

Exposure to single company capped at 15%

3 Rebalancing

Quarterly rebalancing of index constituents

Index Constituents

• Short term: 3+ Yrs
• Long term: 10+ Yrs

Nifty BHARAT Bond Index - April 2023 constituents (Tentative portfolio)

Issuer	Credit Rating	Weights
Power Finance CORP.LTD.	AAA	15.00%
REC Limited	AAA	15.00%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT	AAA	15.00%
HOUSING & URBAN DEVELOPMENT CORP.LTD.	AAA	11.84%
EXPORT-IMPORT BANK OF INDIA	AAA	8.00%
POWER GRID CORP.OF INDIA LTD.	AAA	7.24%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA	AAA	7.00%
NTPC LTD.	AAA	6.67%
HINDUSTAN PETROLEUM CORP.LTD.	AAA	4.87%
NATIONAL HIGHWAYS AUTHORITY OF INDIA	AAA	3.85%
NUCLEAR POWER CORP.OF INDIA LTD.	AAA	2.43%
INDIAN RAILWAY FINANCE CORP.LTD.	AAA	1.88%
NHPC LTD.	AAA	1.21%

Index YTM#

6.69%

#The Scheme will invest in constituents of underlying Index. The indicative yield provided is of the Index and not that of the Scheme. The Scheme (s) are neither Capital Protected nor guaranteed Return Product and may or may not generate return in line with Index. Indicative Yield of the Index is as on 5th Dec 2019.
*Nifty BHARAT Bond Index - 2023 **Nifty BHARAT Bond Index - 2030

Index Constituents

• Short term: 3+ Yrs
• Long term: 10+ Yrs

Nifty BHARAT Bond Index - April 2030 constituents (Tentative portfolio)

Issuer	Credit Rating	Weights
NATIONAL HIGHWAYS AUTHORITY OF INDIA	AAA	15.00%
INDIAN RAILWAY FINANCE CORP.LTD.	AAA	15.00%
POWER GRID CORP.OF INDIA LTD.	AAA	15.00%
REC LIMITED	AAA	12.72%
NTPC LTD.	AAA	11.63%
INDIAN OIL CORP.LTD.	AAA	8.00%
NUCLEAR POWER CORP.OF INDIA LTD.	AAA	6.61%
POWER FINANCE CORP.LTD.	AAA	6.51%
NLC INDIA LTD.	AAA	3.93%
EXPORT-IMPORT BANK OF INDIA	AAA	2.84%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT	AAA	1.48%
NHPC LTD.	AAA	1.27%

Index YTM#

7.58%

#The Scheme will invest in constituents of underlying Index. The indicative yield provided is of the Index and not that of the Scheme. The Scheme (s) are neither Capital Protected nor guaranteed Return Product and may or may not generate return in line with Index. Indicative Yield of the Index is as on 5th Dec 2019.
*Nifty BHARAT Bond Index - 2023 **Nifty BHARAT Bond Index - 2030

Don't have a Demat account?

Invest in Fund of Funds

BHARAT Bond FOFs will invest in the respective BHARAT Bond ETF.
There will be two series of FOFs, both investing in ETFs of respective maturities.

BHARAT Bond FOF
APRIL 2023

Short Term

3+ Yrs - FOF

Index Yield
6.69%^*

BHARAT Bond FOF
APRIL 2030

Long Term

10+ Yrs - FOF

Index Yield
7.58%^*

Features - Short Term vs Long Term Bond ETF

• ETF
• FOF

	Short-term	Long-term
Scheme Name	BHARAT Bond ETF April 2023	BHARAT Bond ETF April 2030
Investment Objective	To replicate Nifty BHARAT Bond Index – April 2023 by investing in bonds of CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors.	To replicate Nifty BHARAT Bond Index – April 2030 by investing in bonds of CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors.
NSE Symbol	EBBETF0423	EBBETF0430
NFO Period	12th Dec 2019 -: Anchor Investors 13th Dec to 20th Dec 2019 -: Other Investors	12th Dec 2019 –: Anchor Investors 13th Dec to 20th Dec 2019 -: Other Investors
Underlying Index	Nifty BHARAT Bond Index – April 2023	Nifty BHARAT Bond Index – April 2030
Minimum Investment Amount (NFO Period)	Anchor Investor: Rs. 10 Crs. and in multiples of Rs. 1,000 thereafter Retail Individual Investor: Rs. 1,000/- and in multiples of Rs. 1,000/- thereafter, subject to maximum investment amount of Rs. 2,00,000 Retirement Funds, QIBs, Non Institutional Investor: Rs. 2,01,000 and in Multiples of Rs. 1,000 thereafter	Anchor Investor: Rs. 10 Crs. and in multiples of Rs. 1,000 thereafter Retail Individual Investor: Rs. 1,000/- and in multiples of Rs. 1,000/- thereafter, subject to maximum investment amount of Rs. 2,00,000 Retirement Funds, QIBs, Non Institutional Investor: Rs. 2,01,000 and in Multiples of Rs. 1,000 thereafter
Fund Manager	Mr. Dhawal Dalal, Mr. Gautam Kaul	Mr. Dhawal Dalal, Mr. Gautam Kaul

FOF FEATURES  Short-term	Long-term
Series	BHARAT Bond FOF- April 2023	BHARAT Bond FOF- April 2030
Investment Objective	To generate returns by investing in units of BHARAT Bond ETF – April 2023	To generate returns by investing in units of BHARAT Bond ETF – April 2030
NFO Period	13th Dec to 20th Dec 2019	13th Dec to 20th Dec 2019
Benchmark	Nifty BHARAT Bond Index – April 2023	Nifty BHARAT Bond Index – April 2030
Fund Manager	Mr. Dhawal Dalal, Mr. Gautam Kaul	Mr. Dhawal Dalal, Mr. Gautam Kaul
Minimum Investment Amount	Rs. 1,000 and in multiples of Rs.1,000	Rs. 1,000 and in multiples of Rs.1,000
Exit Load	If redeemed or switched out on or before completion on of 30 days from the date of allotment of units -: 0.10% If redeemed or switched out after completion on of 30 days from the date of allotment of units -: NIL	If redeemed or switched out on or before completion on of 30 days from the date of allotment of units -: 0.10% If redeemed or switched out after completion on of 30 days from the date of allotment of units -: NIL