The Bharat22 ETF opens for subscription for retail investors on Nov 15th. I was curious about this latest NFO (New Fund Offer) for two reasons: because it’s an ETF (Exchange Traded Fund) and not a Mutual Fund – My last post on Mutual Fund being India’s true sunshine sector, I had pointed out that 2017 investment in non-Gold ETF’s is 40 times what it was in Sep 2013 it’s a fixed portfolio of stocks with defined weights and not an actively managed fund, therefore possible to backtest the portfolio to see how it has done in the past The components of
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