News From Press 'Bharat 22' ETF to raise over Rs 8,000 crore; to open on November 15

'Bharat 22' ETF to raise over Rs 8,000 crore; to open on November 15

Source: PTI/ET Nov 1, 2017

The 'Bharat 22' Exchange Traded Fund (ETF), comprising 22 scrips of public sector units, will hit the capital market next month to mop up over Rs 8,000 crore for the government.

The new fund offer (NFO), managed by ICICI Prudential Mutual Fund , will open for anchor investors on November 14, while subscription for retail investors would beg ..

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