What is Bharat 22 Exchange Traded Fund?
Wednesday, August 30, 2017, 10:49 AM
It is the second Exchange Traded Fund (ETF) that will be launched by the Union Finance Ministry. ETFs are essentially index funds that are listed and traded on stocks exchanges just like regular shares. They are a basket of stocks with assigned weights that reflects the composition of an index. The ETF is aimed at helping speed up the government's disinvestment programme.