Retail investors falling under the lower income tax brackets could give the upcoming Bharat Bond Exchange Traded Fund’s follow-up offering a miss. Investment advisors said the product is better suited for rich individuals who are looking for liquidity and better tax-efficient returns.
The offering of this debt fund — the only bond ETF in the country — will open on July 14 for three days. It has two series options — one maturing in 5 years and the other in 11 years. Based on the yields o ..
