New Student Offer - Use Code HELLO

Register Now

Edelweiss to merge Bharat Bond ETF 2023 and 2025

Published on March 16, 2023
Current Context: Edelweiss mutual fund will merge Bharat bond ETF 2023 and Bharat bond ETF 2025. The Fund of funds will also merge and SEBI has approved this proposal.
  • By this scheme, one can be benefited with higher interest rates and enjoy additional benefits with indexation that will reduce tax liability.
  • Bharat bond ETF 2025 offers an interest of 7.84% and AAA-rated bonds public sector undertakings bonds and assets of Rs.9600crore. Bharat bond ETF-Funds of funds has assets of Rs.3900 crores.
  • The ETF has expense ratio of less than 1bps while Funds of fund has an expense ratio 5 basis points. A basis point (bps) is a hundredth of a percentage point.
  • Bharat bond ETF launched in ETF-April was launched in December 2019 has given returns of 6.5% since its inception. Bharat bond ETF assists Rs.7800crore.
  • Bharat bond ETF funds of funds of have assets Rs.4200 crores and has given returns of 6.5% since launched.

Question: 

Q.1 Edelweiss mutual fund will merge Bharat bond ETF 2023 and Bharat bond ETF _____
a. 2025
b. 2024
c. 2028
d. 2026
ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu