Bharat 22 ETF

Bharat 22 ETF is a passively managed mutual fund scheme, whose portfolio maps the Bharat 22 Index. It is managed by the leading mutual fund investment company- ICICI Prudential Mutual Fund. This scheme attempts to replicate the S&P BSE Bharat 22 Index by buying the same stocks in the same proportion as in the underlying index. Bharat 22 ETF is best-suited for investors who are looking for long-term wealth creation and have a high-risk appetite. Investors seeking liquidity or the capability to easily convert investment into cash are also recommended to consider this scheme.

(Note - All the information contained in this page has been sourced from the official website of ICICI Prudential Asset Management Company.)

Features of Bharat 22 ETF

The features of Bharat 22 ETF are as under:

Type: Exchange Traded Fund
Underlying: S&P BSE Bharat 22 Index
ISIN: INF109KB15Y7
NSE Symbol & BSE Scrip ID: ICICIB22
Pricing: Approx. 1/100th of underlying Index
Application size - Directly: with AMC 4300 units and multiple thereof
Application size through NSE & BSE: 1 unit and multiple thereof
Authorized Participant:
- AVANT GARDE RE ENERGY PVT LTD
- NIRSHILP COMMODITIES AND TRADING PRIVATE LIMITED
- PARSHWA PRISM GEMS AND JEWELLERY LTD
- ECAP EQUITIES LIMITED
- DOLAT CAPITAL MARKET PVT. LTD.
- NIRPAN SECURITIES PVT. LTD.
- PARWATI CAPITAL MARKET PVT LTD.
- SUPAMA COMMODITIES LIMITED
- KOTAK SECURITIES LIMITED
- JIGAR COMMODITIES & DERIVATIVES PVT LTD
Entry Load: N.A.
Exit Load: Nil

Source: Official website of ICICI Prudential Asset Management Company

Explore more on Mutual Funds

Icici Elss Funds | Dsp Blackrock Mutual Fund Customer Care Number | Reliance Mutual Fund Customer Care Number
Uti Mutual Fund Customer Care Number | Mutual Funds Vs Post Office Schemes | Kotak Mutual Fund Customer Care Number
Icici Prudential Focused Bluechip Equity Fund Reliance Retirement Fund | High Risk Mutual Funds | Mutual Funds Vs Recurring Deposits
Franklin India High Growth Companies Fund | Ppfas Mutual Fund | Reliance Banking Fund | Best Multi Cap Funds
Information Ratio | Reliance Sip | How To Redeem Fund Units
Icici Sip Calculator | Hdfc Prudence Fund | Tata Equity Pe Fund Direct Growth | Reliance Vision Fund | Reliance Equity Opportunities Fund
Sbi Corporate Bond Fund | Aditya Birla Sun Life Equity Advantage Fund | Lic Nomura Mutual Fund | Start Investment With Best Sip Plan
Reliance Diversified Power Sector Fund | Credit Opportunities Fund | Bnp Paribas Mutual Funds | Icici Prudential Value Discovery Fund
Mutual Funds Vs Stocks | Aditya Birla Sun Life Medium Term Plan | Sbi Magnum Global Fund | Best Sip Plans Mutual Fund
Edelweiss Mutual Funds | Mirae Asset Mutual Fund | Principal Emerging Bluechip Fund
Hdfc Balanced Fund | Taurus Mutual Fund | Hsbc Vs Religare Mutual Fund
Icici Prudential Balanced Fund | Rental Property Vs Mutual Funds
Best Small Cap Funds | Expense Ratio Mutual Funds | Sbi Infrastructure Fund | New Fund Offers Nfo | Axis Liquid Fund
Sbi Psu Fund | Idbi Mutual Fund | Tata Balanced Fund | Aditya Birla Sun Life Dynamic Bond Fund
Hdfc Growth Opportunities Fund | What Are Value Funds And Growth Funds Differentiate | Sbi Equity Hybrid Fund | Boi Axa Mutual Fund
Sbi Magnum Equity Esg Fund | Icici Prudential Balanced Advantage Fund | Invesco Mutual Fund
Birla Sun Life Frontline Equity Fund | Nippon India Short Term Fund | Axis Equity Hybrid Fund
Open Ended And Close Ended Funds | Motilal Oswal Mutual Fund | Hdfc Equity Fund
Sbi Magnum Comma Fund | Sip Investments Best Option For Investors During Coronavirus
Interval Fund Vs Close Ended Funds | Icici Prudential Liquid Fund | Best Dividend Yield Funds
How To Invest In Mutual Funds During The Coronavirus Pandemic | Sbi Child Education Plan
8 Elss Mutual Funds For Investment 2018 19 | What Mutual Fund Investors Should Do During Coronavirus
Should You Invest In Equity Mutual Funds Or Nps For Retirement | Sbi Pharma Fund | Sbi Magnum Multicap Fund
One Time Investment Plan | Interval Fund Vs Fixed Maturity Plan | How To Set Up Sip In Mutual Funds
How To Manage Your Mutual Funds And Insurance | Hdfc Medium Term Opportunities Fund | Best Value Mutual Funds

Benefits of Bharat 22 ETF

The benefits of opting for Bharat 22 ETF are as follows:

Low Fee: The charges associated with the scheme are lower as compared to an actively managed scheme.
Bluechip stocks: The portfolio constitutes stocks of some of the country’s biggest public sector enterprises.
Low Cost: The investor gets exposure to 22 stocks of government enterprises with a sum as small as Rs. 5,000.
Diversification: The scheme’s portfolio is diversified across six sectors, which includes basic materials, energy, finance, FMCG, industrials and utilities.

Bharat 22 ETF Investment Objective

Bharat 22 ETF strives to replicate the S&P BSE Bharat 22 Index by buying the same stocks in the same proportion as they are in the index. It tracks the S&P BSE Bharat 22 Index that constitutes 22 stocks of Public Sector Banks, Central Public Sector Enterprises and strategic holdings of Specified Undertaking of the Unit Trust of India.

The index is devised to track stocks of companies chosen by the Indian government for their divestment program. The weightage of every individual stock is limited to 15% and each sector is capped at 20% of the total index weightage. The index’s constituents can be revised on a yearly basis.

Bharat 22 Portfolio Deposit

As on 22 Nov 2019

ISIN	Symbol	Security Name	Portfolio Deposit
INE238A01034	532215	Axis Bank Ltd	18
INE242A01010	530965	Indian Oil Corp Ltd	49
INE018A01030	500510	Larsen & Toubro Ltd	17
INE095N01031	534309	NBCC (India) Ltd	44
INE848E01016	533098	NHPC Ltd	55
INE589A01014	513683	NLC India Ltd	5
INE733E01010	532555	NTPC Ltd	90
INE139A01034	532234	National Aluminium Co Ltd	136
INE213A01029	500312	Oil & Natural Gas Corp Ltd	61
INE134E01011	532810	Power Finance Corp Ltd	10
INE752E01010	532898	Power Grid Corp of India Ltd	52
INE028A01039	532134	Bank of Baroda	16
INE020B01018	532955	Rural Electrification Corp Ltd	11
INE002L01015	533206	SJVN Ltd	10
INE062A01020	500112	State Bank of India	48
INE263A01024	500049	Bharat Electronics Ltd	40
INE029A01011	500547	Bharat Petroleum Corp Ltd	17
INE522F01014	533278	Coal India Ltd	32
INE510A01028	532178	Engineers India Ltd	13
INE129A01019	532155	Gail India Ltd	49
INE154A01025	500875	ITC Ltd	82
INE562A01011	532814	Indian Bank	1

Disclaimer: * Savings are based on the maximum discount provided on own damage premium as offered by our car insurer partners.