BHARAT Bond ETF FOF - April 2033 - Direct Plan - Growth

BHARAT Bond ETF FOF - April 2033 - Direct Plan - Growth ranks among the stronger performers in the Target Maturity category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 82/100.

Cost: At 0.03%, the expense ratio is meaningfully cheaper — about 81% below the Target Maturity category average of 0.16% (based on 107 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.14 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 3.87% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.