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Finance Ministry to launch ETF with bank stocks, financial institutions this fiscal

Updated : May 27, 2019 09:31 AM IST

The plan to launch a bank ETF comes on the back of the government seeing huge investor demand for two existing ETFs.
It has raised Rs 32,900 crore through two tranches and an additional fund offer of Bharat-22 ETF, and Rs 38,000 crore in five tranches of CPSE ETF in the domestic market.
Finance Ministry to launch ETF with bank stocks, financial institutions this fiscal

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