Bharat 22 ETF ipo is going to hit the market on November 15. Bharat 22 ETF (Exchange Traded Fund) to raise 8000 crore. The ETF is a part of government disinvestment. Anchor investors could participate in NFO on November 14th. The FM Arun Jaitley and ministry panel finalized the launch date of NFO.
Bharat 22 ETF includes 22 scripts of public sector units, banks and other entities. Barat-22 scripts are L&T, ITC, Axis Bank, SBI, Power Grid, NTPC, ONGC, NALCO, Indian Oil, Gail, Coal India, Bharat Electronics, Engineers India, Bank of Baroda, NHPC, NBCC (India), Indian Bank and SJVN. Bharat-22 is managed by ICICI Prudential AMC.
Bharat 22 ETF Review:
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Bharat 22 ETF includes 22 scripts of public sector units, banks and other entities. Barat-22 scripts are L&T, ITC, Axis Bank, SBI, Power Grid, NTPC, ONGC, NALCO, Indian Oil, Gail, Coal India, Bharat Electronics, Engineers India, Bank of Baroda, NHPC, NBCC (India), Indian Bank and SJVN. Bharat-22 is managed by ICICI Prudential AMC.
- Good for Short Term and Long Term
- IPO Open: 15-November-2017
- IPO Close: 17-November-2017 (Upto 3PM)
- IPO Size: Approx Rs. 8000 Crore (Approx)
- Discount: *3% discount is applicable to all investors.
- Minimum Application: Rs.5,000
- Maximum Application: Rs.2,00,000
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