CURRENT AFFAIRS

Detailed explanation-1: -Edelweiss Mutual Fund on December 2, 2022 announced the launch of the fourth tranche of Bharat Bond Exchange-Traded Fund (ETF). Bharat Bond ETF is India’s first corporate bond ETF and is an initiative of the Government of India, from the Department of Investment and Public Asset Management.

Detailed explanation-2: -The BHARAT Bond ETF April 2032 (G) was launched on Dec 13, 2021 with no lock-in period. Since its inception, the fund has delivered 5.2% as a return on investment. The fund has delivered a 1-year return of 10.4%, a 3-year return of null%, and a 5-year return of null%.

Detailed explanation-3: -The Scheme will mature on April 17, 2023.