The second tranche of the Bharat-22 ETF Follow-on Fund Offer (FFO) was launched on June 19 for institutional investors, while for retail investors, the FFO would open for subscription on June 20.
This exchange-traded fund (ETF) covers six sectors and consist of 22 blue chip stocks including public sector companies where the government has a minority stake. This ETF cannot invest more than 20 percent in a single sector and more than 15 percent in one particular stock.
