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

[PS6806]

Hi @Bhuvan
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…

[Bhuvan]

@PS6806

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

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

[Lets_Invest]

@Bhuvan

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

When we will Receive Mails @Bhuvan

[Bhuvan]

@Lets_Invest

When we will Receive Mails @Bhuvanesh

You should be getting the email with the details tomorrow.

[Lets_Invest]

@Bhuvan

You should be getting the email with the details tomorrow.

Okay, Thank you so much.

[prateeksb]

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?

[Lets_Invest]

@prateeksb

If I apply for ₹10000/- then, the money I have to pay via my kite account

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

[wah005]

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

[btr]

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?

[Bhuvan]

@wah005

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

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

[Bhuvan]

@btr

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?

Check this post

How is the discount for Bharat 22 NFO calculated?

I was reading this Bharat 22 ETF post and read that there is a discount of 3% for retail investors and this is calculated based on the Reference Market Price of the underlying. Does this mean 3% discount on the NAV or is there is a different way of calculating this?

[kshanirtt]

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

[Bhuvan]

@kshanirtt

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

Here is the link to apply - Bharat 22 ETF - Zerodha

[ASHISH_SINGH]

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

[PS6806]

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.

[Bhuvan]

@ASHISH_SINGH

How come we know whether it is placed for futures or options (Because it is named NFO)

NFO stands for “New Fund Offer”.

[ASHISH_SINGH]

So it’s not derivative

[Nandha207]

Can i pledge it for margin in zerodha

[zn8155]

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