ETF for bonds gets approval, likely to hit market this month

​​The New Fund Offer (NFO) of this ETF is expected be to launched during December itself. Bharat Bond ETF would be the first corporate bond ETF in the country. “With the creation and launch of umbrella ETF we hope to diversify investor base,” FM Nirmala Sitharaman told reporters after the Cabinet gave in-principle approval to bond ETF.

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