Bajaj Finserv Mutual Fund announced the launch of the Bajaj Finserv Nifty Bank ETF. The scheme opened for public subscription on January 15, 2024, and will close on January 18, 2024.
HDFC Mutual Fund announced the launch of the HDFC Nifty PSU Bank ETF. The scheme opened for public subscription on January 12, 2024, and will close on January 23, 2024.
ENB is an open-ended scheme tracking Nifty Bank Index and ELM250 is an open-ended equity scheme replicating Nifty LargeMidcap 250 Index managing assets worth Rs 2 crore and Rs 50 crore respectively as on June 30, 2023. The record date for the merger is August 7, 2023.