BHARAT BOND EXCHAGE TRADED FUND
BHARAT BOND EXCHAGE TRADED FUND Bharat Bond Exchange Traded Fund is an Initiative by the Government of India to cater to the borrowing requirements of the Public Sector by pooling investments from Retail, HNI and institutional investors. The ETF currently only invests in AAA rated bonds of PSUs and is managed by Edelweiss Asset Management Company. Bharat Bond ETF is a low-cost basket of CPSE (Central Public Sector Enterprises) bonds that seeks to replicate an index and trades on the stock exchange. The ETF would replicate the underlying index which will comprise bonds issued by CPSEs, CPSUs/CPFIs and other Government organisations. The fund’s logo has a pair of protecting palms in the form of a coffer with the name written using Samarkan and sans serif font in blue colour. The name of the asset manager is written below. Strokes of tricolour supports the name.