When does the additional offering of Bharat 22 ETF open and how do I apply for it?
The additional offering is open for subscription on February 14, 2018, and closes on the same day. A discount of 5% will be applicable to all investors. The govt hopes to raise Rs 3500 cr from the issue to meet its disinvestment target.
The Bharat 22 ETF tracks the S&P BSE Bharat 22 index. Here are the constituents of the index* and weights.
| Company Name | Industry | Weight |
|---|---|---|
| National Aluminium Co Ltd | Basic Materials | 4.85 |
| Total - Basic Materials (%) | 4.85 | |
| Oil & Natural Gas Corp Ltd | Energy | 4.99 |
| Indian Oil Corp Ltd | Energy | 3.49 |
| Bharat Petroleum Corp Ltd | Energy | 3.28 |
| Coal India Ltd | Energy | 3.66 |
| Total - Energy (%) | 15.43 | |
| State Bank of India | Finance | 10.12 |
| Axis Bank Ltd | Finance | 12.23 |
| Bank of Baroda | Finance | 0.99 |
| Rural Electrification Corp Ltd | Finance | 0.94 |
| Power Finance Corp Ltd | Finance | 0.86 |
| Indian Bank | Finance | 0.18 |
| Total - Finance (%) | 25.33 | |
| ITC Ltd | FMCG | 16.45 |
| Total - FMCG (%) | 16.45 | |
| Larsen & Toubro Ltd | Industrials | 15.91 |
| Bharat Electronics Ltd | Industrials | 1.65 |
| Engineers India Ltd | Industrials | 0.77 |
| 16 NBCC (India) Ltd | Industrials | 0.66 |
| Total - Industrials (%) | 18.99 | |
| Power Grid Corp of India Ltd | Utilities | 6.57 |
| NTPC Ltd | Utilities | 6.76 |
| GAIL India Ltd. | Utilities | 4.5 |
| NHPC Ltd. | Utilities | 0.85 |
| NLC India Ltd. | Utilities | 0.11 |
| SJVN Ltd. | Utilities | 0.16 |
| Total - Utilities (%) | 18.95 |
| Index | P/E Ratio | P/B Ratio | Dividend Yield |
|---|---|---|---|
| S&P BSE Bharat 22 | 18.44 | 1.83 | 2.55% |
| S&P BSE Sensex | 23.7 | 3.06 | 1.16% |
How to apply for the FFO?
We will open up the order collection window here.
I read that the Bharat 22 ETF opens on Feb 14 2019, could someone explain how do I apply for this through Zerodha?
It will be updated here
when will be the units credited to demat?
Within 15 days of close of the issue.
Omg…that’s too much. Skipping…
Usually happens within a week, just like any IPO. 
Is there any holding period for the ETF? What if I want to sell within few months?
No holding period. An ETF is just like a stock, you can buy and sell anytime you want.
Then why will people not take advantage of the Arbitrage Opportunity and gain 5% (5% discount)
upcoming 2019 election costs…
Beware of this fund that has generated only negative returns since its introduction (around -10% since last year)
yes its a clear cut no go…stay away.
How do we apply for this ETF thru Zerodha?
They do