News Agency News Aggregator Journalist/Editor Broking House Others
Since the launch of Bharat 22 ETF in Nov2017, the BSE Bharat 22 index (underlying index for Bharat 22 ETF lost 13 per cent of its value & is now at 3,247. Most of the underlying stocks lost b/w 50% and 10% (except a few like Axis Bank, L&T, ITC & GAIL) in the past one year -->
The strength of this ETF lies in the specially created Index S&P BSE BHARAT-22 INDEX. This Index is a unique blend of shares of key CPSEs, Public Sector Banks (PSBs) and also the Government owned shares in blue chip private companies like Larsen & Tubro (L&T), Axis Bank and ITC.