Friday, September 27, 2019

Bharat 22 ETF FFO 2 Date, Review, Discount & Application Amount (October 2019)

Bharat 22 ETF FFO 2 (4th tranche) to hit the market on October 03, 2019 for Anchor Investors and for Retails it will be on October 04, 2019.  The Bharat ETF to remain for sale for 1 day in retail and institutional investors. The Government raised around 26400 crore from Bharat ETF till now. Total of 14500 crore raised in November 2017, 8500 crore in June 2018 and 3500 crore in February 2018.

Bharat 22 ETF includes 22 scripts of public sector units, banks and other entities. Bharat-22 scripts are ONGC, IOC, SBI, BPCL, Coal India, Nalco, Bharat Electronics, Engineers India, NBCC, NTPC, NHPC, SJVNL, GAIL, PGCIL, NLC India, SBI, Indian Bank, Bank of Baroda, Axis Bank, ITC, L&T. Bharat-22 is managed by ICICI Prudential AMC.

Bharat 22 ETF Review:
  • Good for Short Term and Long Term
Bharat 22 ETF Date & Application Details:
  • Anchor Investors: 03-October-2019
  • Retail Investors: 04-October-2019
  • IPO Size: Approx Rs. - Crore (Approx)
  • Discount: *3% discount is applicable to Retail, HNI & Institutional Investors.
  • Type: Exchange Traded Fund
  • Underlying: S&P BSE Bharat 22 Index
  • ISIN: INF109KB15Y7
  • Symbol: ICICIB22
Bharat 22 ETF Market Lot:
  • Retail Application: Minimum Rs.5,000 & Maximum Rs.2,00,000
  • Retirement Funds Application: Minimum Rs.2,00,001 & Then after multiple of Rs.1
  • Other Application: Minimum Rs.2,00,001 & Then after multiple of Rs.1
    How to Apply Bharat 22 ETF:
    As per above given details select your categories and Apply for Bharat 22 ETF 3rd tranche in your Demat Account.
    1. Check with your Brokerage Firms about the Bharat ETF Details
    2. Deposit the said amount as per your investment and share the details with Brokerage Firms
    3. Get 5% Discount on your investment
    4. Deposit the amount (Amount-Discount)
    5. Payments can be done by Cheque, Demand Draft or Bank Transfer (RTGS, IMPS, Cash Deposit) in Brokerage Firms Bank Accounts.
    Bharat 22 ETF Details:
    Click Here