Conclusion: Investors looking for safe medium to long term investment for better returns may consider this ETF opportunity.
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We have seen Government PSU ETFs CPSE coming to market in two tranches and getting overwhelming response in the past.
Now we have yet another ETF called Bharat 22 that also includes some private sector companies that are having major investments from SUUTI.
The Bharat 22 ETF is expected to invest a majority of its capital in equities of listed companies thus from the taxation point of view, it would be considered as an equity investment.