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Invest in Bharat 22 ETF by ICICI Prudential Mutual Fund

BHARAT 22 ETF

Invest in India’s biggest public sector enterprise cost-effectively.

Schemes - BHARAT 22 ETF

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

  • Bharat 22 ETF is a passively managed scheme; its portfolio closely maps the Bharat 22 Index.
  • This scheme aims to replicate the S&P BSE Bharat 22 Index by buying the same stocks in the same proportion as they are in the index.
  • The fund managers do not take any sector or stock exposure that is different from what constitutes the chosen index.

Key Features

  • The scheme tracks the S&P BSE Bharat 22 Index that comprises 22 stocks of Central Public Sector Enterprises (CPSEs), Public Sector Banks (PSB) and strategic holdings of SUUTI (Specified Undertaking of the Unit Trust of India).
  • The index is designed to track stocks of companies selected by the Government of India for their divestment program.
  • The weightage of each individual stock is capped at 15% and each sector is limited to 20% of the overall index weightage. The constituents of the index can be revised annually.
Source: Asia Index Pvt. Ltd. Data as of March 31, 2017.

Key Benefits

  • Low Fee: The scheme charges lower expense ratios as compared with an actively managed scheme.
  • Low Cost: You can gain exposure to 22 stocks of government enterprises with an amount as low as Rs. 5,000.
  • Diversification: The Bharat 22 ETF’s portfolio diversified across six sectors - basic materials, energy, finance, FMCG (Fast-Moving Consumer Goods), industrials and utilities.
  • Bluechip stocks: The portfolio comprises stocks of some of India’s largest public sector enterprises.

Who should invest?

  • Investors looking to invest in stocks of public sector enterprises in a cost-effective manner.
  • Investors aiming for liquidity or the capability to convert their investment into cash easily.
  • Investors seeking to create wealth over the long term.
Scheme Features
Type Exchange Traded Fund
Underlying S&P BSE Bharat 22 ETF
ISIN INF109KB15Y7
NSE Symbol & BSE Scrip ID BHARATIWIN
BSE Scrip Code
Pricing Approx. 1/100th of underlying Index
Application size - Directly with AMC 4300 units and multiple thereof
Application size through NSE & BSE 1 unit and multiple thereof
Entry Load N.A.
Exit Load Nil
Authorized Participant
    • NIRSHILP COMMODITIES AND TRADING PRIVATE LIMITED
    • ECAP EQUITIES LIMITED
    • DOLAT CAPITAL MARKET PVT. LTD.
    • NIRPAN SECURITIES PVT.LTD.
    • AVANT GARDE RE ENERGY PVT LTD
    • PARSHWA PRISM GEMS AND JEWELLERY LTD
    • PARWATI CAPITAL MARKET PVT LTD.
    • SUPAMA COMMODITIES LIMITED

Fund Manager

Kayzad Eghlim - Managing this fund since November 2017 and overall 26 years of experience

BHARAT 22 ETF is suitable for investors who are seeking*:

  • Long term wealth creation
  • An Exchange Traded Fund that aims to provide returns that closely correspond to the returns provided by S&P BSE Bharat 22 Index, subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

BSE Disclaimer: It is to be distinctly understood that the permission given by BSE should not in any way be deemed or construed that the Scheme Information Document (SID) has been cleared or approved by BSE nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the Disclaimer clause of the BSE.

NSE Disclaimer: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document (SID) has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the Disclaimer clause of the NSE.

Disclaimer of Asia Index Private Limited (AIPL) for use of underlying Index and use of name of Index: “The "S&P BSE Bharat 22 Index" is a product of AIPL, a joint venture among affiliates of S&P Dow Jones Indices LLC (“SPDJI”) and BSE Limited (“BSE”), and has been licensed for use by ICICI Prudential Asset Management Company Limited (“Licensee”). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); BSE® and SENSEX® are registered trademarks of BSE Limited; Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by AIPL and sublicensed for certain purposes by ICICI Prudential Asset Management Company Limited. BHARAT 22 ETF is not sponsored, endorsed, sold or promoted by SPDJI, BSE, Dow Jones, S&P or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P BSE Bharat 22 Index.”