{"id":224716,"date":"2026-08-31T16:18:56","date_gmt":"2026-08-31T10:48:56","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/"},"modified":"2026-09-16T16:15:24","modified_gmt":"2026-09-16T10:45:24","slug":"bharat-bond-fof-april-2031-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/","title":{"rendered":"BHARAT Bond FOF &#8211; April 2031 &#8211; Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/bharat-bond-fof-april-2031-g-direct-plan\">BHARAT Bond FOF &#8211; April 2031 &#8211; Direct Growth Plan<\/a> is at a NAV of \u20b914.2026 as of 15 September 2026, with an AUM of \u20b94,587 Cr. Its 1-year, 3-year and 5-year returns are 4.67%, 7.34% and 6.35%, and the scheme sits in the Medium Risk category.<\/p>\n<p>Our view is that this is a relatively steady debt-oriented fund of fund with modest long-term compounding and a portfolio that is heavily concentrated in a single underlying holding. The return pattern has been more resilient over 3 years and 5 years than in the latest 1-year period, so it may suit investors who value smoother participation over chasing higher short-term gains.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_BHARAT_Bond_FOF_%E2%80%93_April_2031\" title=\"Should you BUY or HOLD BHARAT Bond FOF &#8211; April 2031 -?\">Should you BUY or HOLD BHARAT Bond FOF &#8211; April 2031 -?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bharat-bond-fof-april-2031-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b914.2026 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b94,587 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.08%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>23 Jul 2020<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Fund of Fund<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>0.10% on or before 30D, Nil after 30D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Hetul Raval, Rahul Dedhia<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Hetul Raval and Rahul Dedhia.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-1.22%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.29%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>4.67%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.34%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.35%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The latest 1-month and 3-month readings show that the fund has held up better than the benchmark during a weak patch for the index. That matters because the benchmark has been negative over both periods, while the fund has still stayed close to flat at 3 months and only mildly negative over 1 month.<\/p>\n<p>Over 1 year, the gap is much clearer. The fund\u2019s 4.67% return is positive, while the benchmark has fallen 8.27%, which tells us the fund has been more defensive over the last year than the broader equity market proxy. That does not make it a high-growth allocation, but it does show stronger relative stability.<\/p>\n<p>The 3-year and 5-year figures are more balanced. At 7.34% over 3 years and 6.35% over 5 years, the fund has outpaced the benchmark in both periods, but not by a wide margin. Our read-through is that the fund\u2019s longer-term profile is steady rather than aggressive, with the recent trend weaker than the 3-year picture but still better than the benchmark\u2019s own recent stretch.<\/p>\n<p>Seen together, the pattern suggests a fund that has not relied on sharp bursts of upside to build its record. Instead, it has delivered modest compounding with a comparatively stable path, which may appeal to investors who want moderate return delivery with less abrupt movement than the benchmark.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_BHARAT_Bond_FOF_%E2%80%93_April_2031\"><\/span>Should you BUY or HOLD BHARAT Bond FOF &#8211; April 2031 -?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding BHARAT Bond FOF &#8211; April 2031 -? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bharat-bond-fof-april-2031-g-direct-plan\">BHARAT Bond FOF &#8211; April 2031 &#8211; Direct Growth Plan<\/a><\/td>\n<td>4.67%<\/td>\n<td>7.34%<\/td>\n<td>6.35%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-silver-etf-fof-g-direct-plan\">SBI Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>81.88%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-silver-fof-g-direct-plan\">Axis Silver FoF Direct Growth Plan<\/a><\/td>\n<td>80.07%<\/td>\n<td>45.18%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/zerodha-silver-etf-fof-g-direct-plan\">Zerodha Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>79.84%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-silver-etf-fof-g-direct-plan\">HDFC Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>79.28%<\/td>\n<td>44.70%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-silver-etf-fof-g-direct-plan\">Kotak Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>74.67%<\/td>\n<td>44.26%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On recent return data, the fund is far behind the silver-focused peers listed here, but that comparison also reflects very different underlying exposures. The more useful read is that the fund\u2019s own 3-year and 5-year numbers are steadier than its 1-year figure, while several peers with available 3-year data have shown much stronger medium-term momentum. That makes the short-term and longer-term stories diverge meaningfully.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>BHARAT BOND ETF-APRIL 2031-GROWTH<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>99.74%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The portfolio is extremely concentrated, with the single disclosed holding accounting for 99.74% of assets. In absolute terms, that means almost the entire fund is tied to one underlying mutual fund unit holding, so the fund\u2019s outcome is likely to be driven primarily by that exposure.<\/p>\n<p>Because the table discloses only one holding, there is no visible second or tenth position to soften that concentration. The disclosed holding count is one, which reinforces how narrow the portfolio picture is at this level. In practical terms, the fund may offer a very focused exposure profile rather than a broad basket, and that concentration could matter more than the small headline expense ratio.<\/p>\n<p>Since the disclosed holding list contains just one row, the fund does not present a long tail of positions in the visible portfolio. That can make the structure easier to understand, but it also means investors should be comfortable with the reliance on a single underlying instrument.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may fit investors who are comfortable with Medium Risk and who want a steadier, debt-oriented fund of fund exposure rather than an equity-style growth profile. The 1-year return has been weaker than the 3-year and 5-year pattern, but it has still stayed positive over 1 year while the benchmark was negative, which points to resilience in softer markets.<\/p>\n<p>The main trade-off is that the fund\u2019s longer-term returns are modest, so investors may accept lower upside in exchange for a smoother path and benchmark-beating recent defensiveness. The single-holding structure also means the outcome is more concentrated than a diversified multi-holding portfolio, so a medium-term horizon and tolerance for limited return acceleration are important.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load<\/strong><\/p>\n<p>0.10% on or before 30D, Nil after 30D.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of BHARAT Bond FOF &#8211; April 2031 &#8211; Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b914.2026 as of 15 September 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s returns are 4.67% for 1 year, 7.34% for 3 years and 6.35% for 5 years.<\/p>\n<p><strong>How has the fund performed against the benchmark?<\/strong><br \/>It has beaten the benchmark in the 1-month, 3-month, 1-year, 3-year and 5-year periods shown here. The gap is especially wide over 1 year, while the longer periods are closer.<\/p>\n<p><strong>How concentrated is the portfolio?<\/strong><br \/>The disclosed portfolio is highly concentrated, with one holding carrying 99.74% weight. That means the fund\u2019s visible exposure is almost entirely linked to a single underlying mutual fund holding.<\/p>\n<p><strong>What is the exit load?<\/strong><br \/>The exit load is 0.10% if units are sold on or before 30 days, and nil after 30 days.<\/p>\n<p><strong>Who manages the fund?<\/strong><br \/>The fund is managed by Hetul Raval and Rahul Dedhia.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund\u2019s recent 1-year return is weaker than its 3-year and 5-year record, but it still stayed ahead of the benchmark over the periods shown. The profile looks more stable than exciting, with Medium Risk classification and a portfolio that is almost fully concentrated in one disclosed holding. That combination may suit investors seeking a focused, lower-volatility style of exposure and who are comfortable with modest compounding rather than rapid upside.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 4:14 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"BHARAT Bond FOF - April 2031 - Direct Growth Plan\",\"identifier\":\"bharat-bond-fof-april-2031-g-direct-plan\",\"category\":\"Fund of Fund\",\"dateCreated\":\"23 Jul 2020\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":14.2026,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"4587 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.08\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":4.67},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.34},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.35},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Hetul Raval, Rahul Dedhia\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of BHARAT Bond FOF - April 2031 - Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b914.2026 as of 15 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 4.67% for 1 year, 7.34% for 3 years and 6.35% for 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has beaten the benchmark in the 1-month, 3-month, 1-year, 3-year and 5-year periods shown here. The gap is especially wide over 1 year, while the longer periods are closer.\"}},{\"@type\":\"Question\",\"name\":\"How concentrated is the portfolio?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The disclosed portfolio is highly concentrated, with one holding carrying 99.74% weight. That means the fund\u2019s visible exposure is almost entirely linked to a single underlying mutual fund holding.\"}},{\"@type\":\"Question\",\"name\":\"What is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The exit load is 0.10% if units are sold on or before 30 days, and nil after 30 days.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Hetul Raval and Rahul Dedhia.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BHARAT Bond FOF &#8211; April 2031 &#8211; Direct Growth Plan has a NAV of \u20b914.2026 and AUM of \u20b94,587 Cr as of 15 September 2026. Its 1Y, 3Y and 5Y returns are 4.67%, 7.34% and 6.35%, with a highly concentrated portfolio.<\/p>\n","protected":false},"author":38,"featured_media":250078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["250078"],"rank_math_title":["BHARAT Bond FOF April 2031 Review 2026"],"rank_math_description":["BHARAT Bond FOF - April 2031 - Direct Growth Plan NAV \u20b914.2026; 1Y return 4.67%, 3Y 7.34%, 5Y 6.35% as of 15 Sep 2026."],"rank_math_focus_keyword":["BHARAT Bond FOF - April 2031 - Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/BHARAT_Bond_FOF_April_2031_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=224716"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224716\/revisions"}],"predecessor-version":[{"id":250079,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224716\/revisions\/250079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/250078"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}