The third tranche of Bharat Bond traded funds traded (ETFS) will be launched on December 3, with NFO (New Fund Offer) continues until December 9 with a base size of RS 1,000 Crore and an additional Greenshoe option of RS 4,000 Crore, all investor categories will be permitted To participate, with the maturity date set in April 2032.

“The Bharat Bond ETF program has achieved several important objectives imagined when making a blueprint of this program. It has provided aggregate savings in borrowing costs to advance CPSUS / CPSUS / CPFI. This has provided easy access to investors to the bond market, especially retail investors Looking for alternatives to improve deposits, “Tuhin Pandey, Secretary, Depam, Ministry of Finance.

With the specified maturity date and the provisions for buying / selling your unit in NSE, ETF allows you to take part in the Indian public sector growth story by investing in bonds of these companies, provided you have a Demat account. In particular, cumulative assets under management (AUM) from Bharat Bond ETF, in October 2021 was Rs 36,359 Crore.

Considerations of launching funds Bharat Bond funds on similar lines are also in pipes to meet investors who do not have a Demat account.

Managed by Edelweiss Mutual Funds, the Bharat Bond ETF program is a government initiative run by the Department of Investment and Public Asset Management (Depam). Investment was carried out at a constituent company from the Bharat Bharat index, which consisted of most high-ranked public sector companies, AAA.

“With this new launch of Bharat Bond ETF, we now have five maturities on the yield curve – 2023, 2025, 2030, 2031, and 2032, which will help investors to choose the right maturity according to their needs. We are happy to see requests Healthy from investors for this ETF in the current environment where safety is very important, “said Radhika Gupta, CEO, Edelweiss mutual funds.