International exchange trade funds (ETFs) will stop accepting fresh inflows. Here's what it means

Personal finance
62

Did a basic read of this fund. What confuses me is this fund invest in US Treasury Bonds which is perfect. However, the returns are

Security Name Portfolio Weight
United States Treasury Notes 4.375% 8.92%
United States Treasury Notes 4.625% 8.92%
United States Treasury Notes 4.25% 8.84%
United States Treasury Notes 4.25%
United States Treasury Notes 4.125%

The website of Axix says annualised return is 13.31%. Is the difference mainly because of INR depreciation.

63

Yes. The fluctuating USD-INR exchange-rate.

1 Like
64

That(INR depreciation) and + accumulated coupon payments +/- bonds move on it’s own according to US affairs like wars - US Ireland withholding tax - intermediate fund expense ratio(iShares) - Axis mf expense ratio.

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