ABC of Investment

Bharat -22 - ETF (Exchange Traded Fund) It is an Exchange Traded Fund and a NFO (New Fund Offer) from ICICI PRU AMC. It will invest in S&P BSE Bharat 22 index. It is a well-diversified open fund investing in six sectors, namely, Basic Materials (5.13%); Energy (18%); Finance (18.67%); FMCG (14.26%); Industrials (22.52%) and Utilities (20.63%). It is a part of disinvestment program by Govt of India and it comprises of 22 bluechip companies from six diversified sectors. ICICI PRU AMC has been apponted by Govt of India to create, launch amd manage this fund. The appointed fund Manger for this scheme is Mr. Kayzad Eghlim. The portfolio of Bharat-22-ETF comprises of 22 companies from India's Largest Public and Private companies like.......National Aluminium, ONGC, IOC, BPCL, CIL, SBI, Axis Bk, BOB, REC, PFC, Indian Bk, ITC, L&T, BEL, EIL, NBCC, Power Grid, NTPC, GAIL, NHPC, NLC India and SJVN. NFO period for non-anchor investor

National Pension System (NPS ) –   at  a glance : NPS is an easily accessible, low-cost, tax-efficient and flexible retirement account. This scheme is the best option for citizens not covered under any pension scheme as the returns are attractive with low risk and low cost. The primary objective is enabling systematic savings during working life of the investor. The final objective is to provide retirees with an option to achieve financial stability during their golden time. Any Indian citizen aged between 18 – 60 years can join NPS. NPS for every Indian citizen was introduced  by the Pension Fund Regulatory and Development Authority (PFRDA) from May 1, 2009 as an initiative to provide the elder with old age pension security. The main intention of this account is to allow elders to enjoy a reasonable market based returns over a long period of time. A subscriber is one who joins NPS, under which each subscriber will have one account with Central Record-keeping Ag