SECTIONS
Bharat Bond ETF lists, trades at Rs 1,001 on NSE
By
Prashant Mahesh
, ET Bureau
Synopsis
The exchange-traded fund will invest only in AAA-rated bonds of public sector companies for two fixed maturity period of three years and 10 years. Bharat Bond Funds of Funds (FOF) was also launched for investors who do not have demat accounts. Investors can repurchase or buy units through this method beginning January 2.
Getty ImagesBharat Bond ETF, which mobilized Rs 12,000 crore, listed on the bourses today. At 10 am, both the units were trading at Rs 1,001 on NSE, a premium of Re 1 to the offer price of Rs 1,000.
The exchange-traded fund will invest only in AAA-rated bonds of public sector companies for two fixed maturity period of three years and 10 years.
The issue managed by Edelweiss Mutual Fund opened for investors from December 12 to December 20 and was subscribed 1.7x its base size of Rs 7000 crore. Debt ETFs are a new concept for Indian retail investors
Bharat Bond Funds of Funds (FOF) was also launched for investors who do not have demat accounts. Investors can repurchase or buy units through this method beginning January 2.
Read More News on
Bharat Bond ETF ListingBharat Bond ETFEdelweiss GroupEdelweiss
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
...moreless
Read More News on
Bharat Bond ETF ListingBharat Bond ETFEdelweiss GroupEdelweiss
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Download The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
...moreless
Pick the best stocks for yourself
Powered by
Weekly Top Picks: Eight stocks with consistent score improvement and upside potential of up to 40%
9 mins read
4 stocks with 5 % to 8.87% dividend yields and continuous dividend payments for 7 years
7 mins read
9 mins read
What do Q2 LIC results indicate for other Insurance companies? Two Life and 3 non-life Insurance players with “buy” and “strong buy” ratings
3 mins read
See AlsoCBOE Puts 44% Margin on Bitcoin Futures | Finance MagnatesA Record of Each Wall Avenue Large Searching for to Launch a Bitcoin ETF | The CryptonomicsInvestor ideas, podcasts, stock news , investor awareness advertising for AI, Cannabis, Cleantech, Crypto, Defense, Fintech, Mining, Oil, Gaming StocksComparing Capital Gains Tax Proposals by 2020 Presidential CandidatesLarge cap stocks with upside potential of more than 25%
4 mins read
5 stocks for a high dividend yielding portfolio
8 mins read
Eight midcap stocks, 2 with“ Strong Buy” and 6 with “Buy” recommendations with potential upside of up to 35%
7 mins read
Six high ROE and low PEG ratio stocks, right combination for wealth creation
8 mins read
View More Stories
BrowseCompanies:
ABCDEFGHIJKLMNOPQRSTUVWXYZ
123456789
Continue reading with one of these options:
Limited Access
Free
Login to get access to some exclusive stories
& personalised newsletters
Login Now
Unlimited Access
Starting @ Rs120/month
Get access to exclusive stories, expert opinions &
in-depth stock reports
Subscribe Now
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Prime Account Detected!
It seems like you're already an ETPrime member with
Login using your ET Prime credentials to enjoy all member benefits
Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.
To read full story, subscribe to ET Prime
Get Unlimited Access to The Economic Times
₹34 per week
Billed annually at ₹2499 ₹1749
Already a Member? Sign In now
Super Saver Sale - Flat 30% Off
On ET Prime Membership
Claim Offer »
Already a Member? Sign In now
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
Rs 49 for 1st month
Then Rs. 1,749 per year
SUBSCRIBE NOW
Valid only with UPI, Credit & Debit Cards Autopay
Choose Payment Mode & Plan
-
-
-
You can cancel your subscription anytime
-
-
-
Netbanking, Credit & Debit Card
Subscribe with Google
₹399/month
Monthly PLAN
Billed Amount ₹399
No Trial Period
₹208/month
(Save 49%)
Yearly PLAN
Billed Amount ₹2,499
15 Days Trial +Includes DocuBay and TimesPrime Membership.
₹150/month
(Save 63%)
2-Year PLAN
Billed Amount ₹3,599
15 Days Trial +Includes DocuBay and TimesPrime Membership.
Quarterly
$13.99
7 Days Trial
Yearly
(Save 40.0%)
$33.99
15 Days Trial
Get ET Prime for just ₹2499 ₹1749/yr
Offer Exclusively For You
Save up to Rs. 700/-
ON ET PRIME MEMBERSHIP
Avail Offer
Offer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail Offer
Offer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail Offer
Offer Exclusively For You
Get Flat 40% Off
Then ₹ 1749 for 1 year
Avail Offer
Offer Exclusively For You
ET Prime at ₹ 49 for 1 month
Then ₹ 1749 for 1 year
Avail Offer
Steal Deal on ETPrime
Get Flat 20% Off
Avail Offer
Avail Offer
To Read the full Story, Subscribe to ET Prime
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
Access the exclusive Economic Times stories, Editorial and Expert opinion
Unlock this story and enjoy all members-only benefits.
- 8 insight-rich stories published daily
- 4000+ in-depth Stock Reports
- Print Edition, the digital Newspaper
- 2 Stock Researches everyday
Offer Exclusively For You
Save up to Rs. 700/-
ON ET PRIME MEMBERSHIP
Avail Offer
Offer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail Offer
Offer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail Offer
Offer Exclusively For You
Get Flat 40% Off
Then ₹ 1749 for 1 year
Avail Offer
Offer Exclusively For You
ET Prime at ₹ 49 for 1 month
Then ₹ 1749 for 1 year
Avail Offer
Steal Deal on ETPrime
Get Flat 20% Off
Avail Offer
Avail Offer
'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '
' + h3 + '
' + h4 + '
- ' + listing + '
'; $('#paidSCWidget').html(html); var callback = $('#paidSCWidget').attr('data-callback'); if(callback && window[callback]) { window[callback](); } customDimension.dimension72 += ' | Shown SYFT no Trial_With Missed Paywalled Articles Collection'; } else { _processNormal() } } }); } else { _processNormal(); } } catch (e) { _processNormal(); } }, function () { _processNormal(); }); //console.log('storyCollectionLoad', $); }
Why ?
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-
