Presenting the BHARAT 22 ETF, an investment vehicle that could allow you to benefit from some of the best-in-class, large-scale, professionally managed public and private sector companies.

Bharat 22 ETF is an open-ended exchange traded fund, Bharat 22 ETF will invest in the constituents of S&P BSE Bharat 22 index. Part of the government’s disinvestment program announced earlier by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Bharat 22 ETF initiative offers a good investment avenue.

Why Bharat 22 ETF?

ETF industry in India has grown rapidly in the past three years. BHARAT 22 ETF will just add to this momentum.

Here are a few reasons for investing in BHARAT 22:

The Government has offered a discount of 3% to the investors of BHARAT 22 ETF during the NFO.
Diversified exposure across 6 sectors - Basic materials, Energy, Finance, FMCG (Fast-Moving Consumer Goods), Industrials and Utilities
The portfolio comprises stocks of some of India’s largest public & private sector enterprises
It will help the GoI achieve its divestment target of Rs. 72,500 crores in FY18.
It’s a smart and effective way for the government to meet its divestment target, which is a key factor to keep the Fiscal Deficit under control.
The ETF route helps the government trim small stakes (2-3%) in a big basket.
ETF is a ‘win-win’ for everyone. The state gets its money, investors get a small chunk of the PSUs, and employees are glad to work for the PSUs.

Fund Facts

NFO Period: November 15 - 17, 2017

Minimum Application Amount Rs. 5,000 (and in multiple of Re. 1) up to Rs. 2 lacs
Benchmark: S&P BSE Bharat 22 Index
Fund Manager: Kayzad Eghlim
Entry/ Exit Load: Nil
Liquidity: To be listed on BSE Ltd. and National Stock Exchange of India Ltd
Allotment Procedure: The maximum amount to be raised by BHARAT 22 ETF shall be allocated in the following manner
For Retail: Not exceeding 25% of ‘Maximum Amount to be Raised
For QIBs and NIIs: Not exceeding 25% of ‘Maximum Amount to be Raised
In case of oversubscription in all the above investor categories/ sub-categories, units will be allotted in proportion to the amount of applications received.
Managed By: ICICI Prudential Mutual Fund

S&P BSE Bharat 22 Index Constituents

  •   NATIONALUM
  •   ONGC
  •   IOC
  •   BPCL
  •   COALINDIA
  •   SBI
  •   AXISBANK
  •   BANKBARODA
  •   RECLTD
  •   PFC
  •   INDIANB
  •   ITC
  •   LT
  •   BEL
  •   ENGINERSIN
  •   NBCC
  •   POWERGRID
  •   NTPC
  •   GAIL
  •   NLC
  •   SJVN
  •   NHPC
 
 

This product is suitable for investors who are seeking*:

Long term wealth creation

An Exchange Traded Fund that aims to provide returns that closely coreespond to
the returns provided by S&P BSE Bharat 22 Index, subject to tracking error.

*Investors should consult their financial advisers if in doubt about whether the product
is suitable for them.

 

Note:
GoI has offered a discount of 3% on the Reference Market Price of the underlying index shares of BHARAT 22 ETF.
Reference Markeat Price is the price determined based on the average of full day Volume Weighted Average Price (VWAP) on BSE Ltd. (BSE) during the Non Anchor Investor NFO Period.

 

Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Disclaimer
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