The yield at which you purchase the units is what you get if held till maturity.
Not really. All things equal (credit quality), volatility is a result of duration. A gilt fund with 10 year maturity will be as volatile as a 10 year Bharat bond ETF.
Hello all!
I hold Bharat Bond ETF (Apr’23 Maturity) in my HDFC Sec Demat Account and I have pledged it as collateral to get margin which I use for option selling.
I want to know what should I do since this Bond is maturing? I saw a news article that this fund is getting merged with the Apr’25 Bond fund. I too want to get my units converted to Apr’25 since I have pledged mine as collateral & I want to continue to use it as collateral.
Please advise how do I get it done, since I haven’t received any communication from either Edelweiss AMC or HDFC Securities.
If anyone facing similar concern, please guide me.!
Thanks
You can provide the consent online through their website
They have banner on landing page
Bharat Bond ETF APRIL 2025 YTM was 8.55%. Now i.e 6hr later the YTM shows 7.61% - https://www.edelweissmf.com/types-of-mutual-funds/passive-debt-funds
However, price of the ETF is only changes +0.01% in the exchange. What expains the ~1% drop in YTM?