BHARAT 22 ETF: NAV, returns and key facts (2026)

Price snapshot and the day’s range

BHARAT 22 ETF was quoted at ₹118.94, down ₹1.18 (0.98%) on the day in the provided market snapshot. The session’s low was ₹118.81 and the high was ₹122.00. The open price was ₹122.00, while the previous close was ₹120.12. The 52-week low was ₹103.60 and the 52-week high was ₹131.00. The lower circuit level shown was ₹96.12 and the upper circuit level was ₹144.16. Live volume in the snapshot was 2,97,433 units. Alongside the market price, the screen also showed a NAV figure of 119.15.

NAV details and the date reference

A separate fund information section lists NAV as of Jul 10, 2026 at ₹116.99 for the Growth option of the Regular plan. This section also labels the scheme as “Growth - Regular” and notes that investors can choose a Direct Plan, although no additional return figure is stated beyond “up to 0.00%” in the provided text. Since an ETF trades on exchanges, market price and NAV can differ at any moment. The dataset includes both an on-screen NAV (119.15) and the stated NAV date value (₹116.99 as of Jul 10, 2026). Both are presented here as published in the provided material.

What BHARAT 22 ETF is designed to do

The scheme’s investment objective is clearly stated: it aims to invest in the constituents of the underlying index in the same proportion as the index. It seeks to deliver returns before expenses that closely correspond to the total returns of the underlying index. The benchmark named is the BSE Bharat 22 Index (also referenced as S&P BSE Bharat 22 Index in the broader material). The approach described is passive or indexing in nature. The scheme is also described as open-ended.

Fund profile: category, launch, and risk label

BHARAT 22 ETF is classified as an Equity scheme under “Thematic-Other” in the provided fund category label. The fund is shown as founded in 2017, with a launch date of Nov 24, 2017. The riskometer label provided is “Very High.” The product type is repeatedly described as an ETF and open-ended. These tags matter for investors because the product’s risk label and thematic exposure can differ materially from diversified equity funds.

Costs, exit load, and minimum investment rules

The expense ratio is listed at 0.07% for the Regular plan (as of Jul 07, 2026 in the material), compared with a category average of 1.94% shown alongside it. The text explicitly states there is no exit load for the fund. Minimum investment required is ₹5,000, and minimum additional investment is ₹1. The minimum SIP investment is shown as ₹0. For retail participation in follow-on offers, the retail application size is also stated as starting at ₹5,000, with an upper cap of ₹2 lakh.

AUM and size figures shown in the dataset

The fund size is shown in multiple places in the provided text. One snapshot line shows “₹10,487 Cr” without additional context in the excerpt. Another section states Assets under Management worth ₹10,382.81 crore as on Jun 30, 2026. Given the way ETF pages are compiled across sources, investors often see slightly different “fund size” figures depending on the date and feed. The key point from the provided material is that the ETF is shown as a large fund with AUM around ₹10,382.81 crore (Jun 30, 2026).

Returns: two sets of trailing numbers presented

The dataset contains two different return tables.

One table lists returns as: 9.73% (1Y), 22.56% (3Y), 24.92% (5Y) and 14.49% (All). It also shows category average returns as 1.51% (1Y), 13.53% (3Y), and 11.63% (5Y).

A second section states trailing returns of: 6.07% (1yr), 20.11% (3yr), 23.99% (5yr) and 14.05% (since launch). It lists category returns as: 2.59% (1yr), 15.75% (3yr) and 14.24% (5yr). The same section also repeats “Return Since Launch: 14.05%.” These figures are presented as-is from the provided text, without attempting to reconcile differences in methodology or cut-off dates.

Offer history: NFO, FFO and government divestment link

The material includes several references connecting Bharat 22 ETF to the government’s divestment programme. An earlier new fund offer (NFO) was described as targeting around ₹8,000 crore, with a 3% discount offered to all investor categories. Another reference states a follow-on offer (FFO 2) intended to raise up to ₹2,000 crore with an option to retain oversubscription. Separately, the finance ministry is cited as launching a second tranche on June 19 to raise up to ₹8,400 crore.

Institutional demand is also described: the portion reserved for anchor bidders in a follow-on offer was subscribed 3.44 times, amounting to ₹5,163 crore. The FFO is described as opening first for anchor investors and then for non-anchor investors, remaining open until June 22 in that specific timeline.

Index construction, diversification and the 22-stock basket

The ETF tracks an index made up of 22 companies across central public sector enterprises, public sector banks, and select government holdings in private sector companies through SUUTI. The text highlights names such as NTPC, Power Grid Corporation, ONGC, Indian Oil, SBI, Bank of Baroda, L&T, ITC, Axis Bank and BPCL, among others. It also notes a sector cap of 20% and a stock cap of 15% in one description of the product. Another segment describes six sectors: Finance, Industry, Energy, Utilities, FMCG and Basic Materials.

In a transcript-style excerpt, the sector weights are stated as: Industrials 22.6%, Financials 20.3%, Utilities 20.0%, Energy 17.5%, FMCG 15.2%, and Basic Materials 4.4%. This provides a quick view of how exposure is distributed at that point in time.

Key facts table

Why these details matter to investors

For an ETF, the combination of NAV, market price, and expense ratio is central to understanding what an investor is paying and receiving. The low expense ratio of 0.07% is a notable published figure compared with the category average shown in the dataset. The scheme’s “Very High” risk label and thematic classification indicate that volatility can be meaningful, especially given the PSU and sector exposure referenced. Offer-specific features, such as the stated 3% discount during NFO/FFO periods, can affect entry price, but those benefits apply only during the offer window.

Conclusion

The provided data positions BHARAT 22 ETF as a large, passively managed thematic equity ETF linked to the BSE Bharat 22 Index, with published NAV references for Jul 2026 and a low stated expense ratio. The product has also been repeatedly used in government divestment rounds, including NFO and follow-on offer timelines with anchor and retail participation. Investors tracking it should focus on the stated NAV date points, the market trading range, and the published fund rules on costs and minimum investment, as captured in the dataset.