India
NRI
Bharat 22 ETF
ABOUT THE ISSUER
BHARAT 22 ETF is an open-ended Exchange Traded Fund investing in S&P BSE Bharat 22 Index. Indian ETF industry has seen rapid growth in last 3 years. EPFO’s apex decision making body has approved the proposal to increase investments in equity ETFs to 15% of the investible deposits. The major contribution towards AUM of ETFs is by EPFO. BHARAT 22 ETF had the largest NFO in the history of Indian Mutual Fund industry which got 3.35 lakh applications amounting to Rs. 32,000 crores. The S&P BSE Bharat 22 Index is designed to measure the performance of select companies disinvested by the Central Government of India according to the disinvestment program.
WHY INVEST?
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Earnings Growth
22% (FY20E*)
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Higher Dividend Yield*
2.5% (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 & select “Exchange”
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Step 3
Select ‘ICICI AMC’
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Step 4
Under scheme name type 'Bharat22 FFO'. Submit & apply.
*Data as on May 31, 2018. 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.