After successfully divesting stocks worth roughly Rs11,500 crore, which form part of the Central Public Sector Enterprises (CPSE), the Government of India is ready with another set of stocks to divest through via Bharat 22 index. The route remains, exchange-traded funds (ETF). The government carved out these stocks to make a special index of them, called Bharat 22 Index. The ETF, tentatively called Bharat 22 ETF managed by ICICI Prudential Asset Management Co. Ltd (B22E), is expected to be launched within the next month.
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