The government's scheme, which will be launched in July, is an excellent opportunity to earn millions of rupees
.
The government's scheme, which will be launched in July, is an excellent opportunity to earn millions of rupees 2020.
An ETF or exchange traded fund invests in a set of shares. ETFs in the stock market are like mutual funds. ETFs can only be bought or sold from a stock exchange. India ETF bonds are coming in July. An ETF or exchange traded fund invests in a set of shares. ETFs can also be purchased during the trading hours of the exchange.
Maturity dates will be April 2025 and April 2031
Edelweiss Asset Management announced the launch of the second installment of the India Bond ETF in July. In the second installment, there will be two series of New India Bond ETFs. Its maturity dates will be April 2025 and April 2031. Investors who do not have a demat account will also be able to invest in Bharat Bond Funds (FOFs) with the same maturity.
Lockdown
If there is more response from investors, there will be an ETF of Rs 14,000 crore,
The India Bond ETF Program is a scheme of the Government of India. Which has been initiated by the Department of Investment and Public Asset Management. With the introduction of two new ETF series, Edelweiss Mutual Fund has set a target price of Rs. 14,000 crore is to be collected.
Edelweiss Asset Management said the issue aims to raise Rs 11,000 crore based on market demand. The amount to be raised through this will be only Rs 3,000 crore. But during this time, if there is more response from investors, it can be increased to Rs 14,000 crore.
ETFs are taxed like debt mutual funds. If the investment is held for more than three years, then the indexation benefit is taxed at 20 per cent. In the three-year option,
NEWS REPORT READ GUJARTI: CLICK HARE
JOIN OUR WHTSAPP GROUP: CLICK HARE
the return will be about 6.3 percent. At the same time, the 10-year option will offer 7 percent interest.