The Centre has raised ₹14,500 crore through the Bharat-22 Exchange Traded Fund (ETF), comprising 22 companies. “We have decided to retain ₹14,500 crore of the total subscription that has come in for Bharat-22 ETF,” Department of Investment and Public Asset Management (DIPAM) Secretary Neeraj Gupta said. The ETF saw bids of nearly ₹32,000 crore coming in, with FIIs bidding for one-third of the money. The portion reserved for retail investors was subscribed 1.45 times; retirement funds —1.50 times and NIIs and QIBs — 7 times. With this, the Centre has raised ₹52,500 crore through disinvestment in the current fiscal.