According to the Wealth Managers Bharat Bond ETF Will Suitable For Savvy investors:
Bharat Bond ETF mainly operated for Savvy investors. But the retail investors maximum preferred the standard debt product. It has the first Exchange Traded Fund in India. It will invest in AAA-rated IPO only.
According to the exports, this fund is clear and inexpensive. But the investors choosing for the high profit. They need to select the open-ended mutual funds which are having approval from the government and NCDs.
The Bharat ETF NFO subscription will end on Dec 20. The NFO will apply low charges of 0.0005%. Rs 2,980 cr of the amount collected from the subscription of Anchor Books, and also subscribed for 1.7 times in biding.
Disclaimer: This post is just information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully and consult your advisor before investing.