MCB INDIA SOVEREIGN BOND ETF
MCB India Sovereign Bond ETF is the world’s first Exchange Traded Fund to provide international investors access to the Indian Sovereign Bond market. There are multiple reasons why investors globally are increasing their exposure to Indian Sovereign Bonds.
The objective of the ETF is to provide investors with regular short term returns through the payment of half-yearly dividends and longer term capital appreciation by replicating the LMA India Sovereign Bond Liquid Index, which tracks the performance of the most liquid, fixed rate, INR-denominated bond issued by the Government of India. The ETF tracks LMA India Sovereign Bond Liquid Index.