India
NRI
ABOUT THE ISSUER
BHARAT 22 ETF, an investment vehicle that could allow you to benefit from some of the best-in-class, large-scale, professionally managed public and private sector companies. The index was designed in consultation with the Government of India. The weightage of each individual stock in the Index is capped at 15% and each sector in the Index is capped at 20%.
WHY INVEST?
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Earnings Growth
16% (FY17 to FY19E*)
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Higher Dividend Yield*
2.4% (in comparison to S&P BSE Sensex/ Nifty 50)
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Lower Expense Ratio
Ensures costs don’t eat into gains
BENEFITS
STEPS
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Step 1
Login & click on Mutual Fund tab
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Step 2
Click on NFO/ FMP
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Step 3
Select ‘ICICI AMC’
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Step 4
Under scheme name type 'Bharat22'. Submit & apply.
*Data as on Sep 29, 2017. E: Estimates, P/E: Price to Earnings, P/BV: Price to Book. Data Source: Edelweiss Research. Earnings Growth in CAGR terms. Past Performance may or may not be sustained in future. The statistics pertain to the Index and do not in any manner indicate the returns/performance of the Scheme. S&P BSE Bharat 22 Index: First Value Date – Mar 17, 2006; Launch Date – Aug 10, 2017. The above figures are rounded off.