Updated Jan 08, 2021 | 13:46 IST
The government has allowed Employees’ Provident Fund Organisation (EPFO) and exempted provident funds to invest in the units of Bharat Bond ETF. Representational image
New Delhi: The government is planning to launch the third tranche of Bharat Bond ETF to raise nearly Rs 15,000 crore from retail investors to fund the growth of state-owned entities.
“The latest tranche may be launched around March-April,” the
Economic Times quoted an unnamed senior executive as saying.
The assets under management of Bharat Bond ETF, has jumped over 30% to about Rs 31,000 crore in the past few quarters, this suggests that investors seeking higher tax-adjusted returns to bank deposits bought units from the secondary market, the business daily mentioned citing market sources.