Tabula IM launches Indian short-duration bond ETF

Tabula FTSE Indian Government Bond Short Duration UCITS ETF (TIND) offers a yield of 7.1% and invests in Indian Rupee denominated government bonds issued by the Reserve Bank of India. The fund aims to track the FTSE Indian Government Bond FAR Short Duration Capped index, which focuses on the short-duration segment of the market. It has a total expense ratio of 0.39%. Tabula launches Paris-aligned ultrashort bond ETF In September last year, JP Morgan said it would add Indian government bonds to its widely-tracked emerging markets debt index from 28 June 2024, paving the way for bill...