Discussion :: Business
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Which AMC has recently launched 1st Corporate bond ETF?
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A.
Global Investment House
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B.
KB Kookmin Bank
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C.
Edelweiss Asset Management Company
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D.
Aditya Birla Sun Life Asset Management Company Ltd.
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Answer : Option C
Explanation :
Edelweiss Asset Management Company (AMC), a subsidiary of Edelweiss Capital Limited (ECL) has launched India's 1st Corporate Bond ETF (exchange trade fund) called the Bharat Bond ETF. The ETF is a government initiative and Edelweiss AMC was given the mandate to design and manage the product.
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