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2 new Bharat Bond ETF NFOs open on July 14; A ‘safe’ fixed income option with liquidity
The two new Bharat Bond ETF series will have maturities of April 2025 and April 2031 with indicative yield of 5.71% and 6.82%, respectively
BNP Paribas to exit wealth management biz in India
In 2018, the BNP unit was the largest foreign wealth manager with $13.79 billion AUM; Wealth management clients will be referred when appropriate to group co Sharekhan, which is also planning a discount broking arm
Franklin’s Santosh Kamath breaks silence; expects Rs 6,000 cr inflows by Sept, plans listing of securities, schemes
Speaking in a podcast, the fixed income head talks about expected cashflows, secondary sale of securities, listing of unlisted papers, and listing of MF schemes

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