How do I apply for the NFO of Bharat 22 ETF?


#21

Hi @Bhuvanesh
Thanks for ur reply. another query. After getting the ETF units in my demat can I sell those units any day in market, or is there some kind of locking period for holding those units before redeem? Actually I don’t have any idea on ETF…so may be a silly question… :stuck_out_tongue:


#22

Nope, ETFs are just like stocks. You can buy/sell them anytime you wish to.


#23

#24

When we will Receive Mails @Bhuvanesh


#25

You should be getting the email with the details tomorrow. :slight_smile:


#26

Okay, Thank you so much. :+1:


#27

Hi, I am new to trading and hence zerodha too.
Wanted clarification regarding, applying for Bharat 22 ETF.
If I apply for ₹10000/- then, the money I have to pay via my kite account or I can pay by netbanking directly. Do mention the transaction charges too for paying money while applying for ETF.
Or the money will be deducted after allotment?


#28

You know the Answer.
Payment will be done from Trading Account which is Kite.


#29

May I know about the payment process,Is it possible to pay from other bank expect kite such as non-zerodha account registered bank.


#30

Can someone explain how the pricing of Bharat 22 etf will be decided?
Will it be at 3 percent discount to today’s index price or listing day’s price?


#31

Nope, the funds will be deducted from your trading account.


#32

Check this post


#33

Is the email about Bharat 22 ETF sent out by Zerodha to its Kite customers?


#34

Here is the link to apply - zerodha.com/bharat22/


Any View on Bharath 22 ETF for long term
#35

How come we know whether it is placed for futures or options (Because it is named NFO)?
(If the question is correct)


#36

Hi,
How the ETF units are allotted to applicants? In case of over-subscription does it follow the IPO allotment process?
In case I will not get any allotment then how will I get the application amount back? Will it be refunded in my trading account in Zerodha? Please confirm.


#37

NFO stands for “New Fund Offer”. :slight_smile:


#38

So it’s not derivative :grimacing:


#39

Can i pledge it for margin in zerodha


#40

Hi Bhuvanesh.
Thanks for giving information.

In the link which u have given… it is written that fund should be available in ur account… This account referes to what?

  1. is it a bank account which is linked to demat account. or
  2. demat account

simply from where the money will be deducted.?

Kindly reply