Central government can give great earning opportunity in December, can get more returns than FD!

Bharat Bond ETF: If you are also planning to earn, then Modi government is going to give you this opportunity soon. The central government can bring the next installment of Bharat Bond ETF by December. A senior official of the Finance Ministry has given information about this. The official said that the government can raise Rs 10,000 crore from Bharat Bond ETF by December. This amount will be used for the growth plan of Central Public Sector Undertakings (CPSEs).

Know what is the government’s plan?
The official said the fund requirement of central public sector undertakings is being assessed and the third tranche of the exchange traded fund (ETF) will be introduced before the end of the current calendar year. “Right now we are finalizing this amount. But it will be more than Rs 10,000 crore.

Know where the amount will be used?
Bharat Bond ETF is an exchange-traded fund that invests in bonds of public sector companies. The ETF currently invests only in ‘AAA’ rated bonds. The money raised through ETFs is used for debt raising plans of CPSEs or public sector banks. This also meets their capital expenditure requirement.

Can you get more interest than FD?
Let us tell you that you can invest at least Rs 1,000 in this bond. After this, investments can be made in multiples of Rs 1,000. In this, you can get the benefit of more interest than fixed deposits.

How can I invest?
You can invest in this scheme through demat account. Apart from this, mutual fund investors also have the option of investing through Fund of Funds.

What is Bharat Bond ETF
Bharat Bond ETF is a type of exchange traded fund. Let us tell you that investments are made in the name of bonds in the shares of specific companies of the Central Government. Let us tell you that these bonds are Triple A rated companies of the Government of India, in which the return on investment is 6 percent.

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