The issue comprises fresh issue of equity shares worth Rs 400 crore and an offer for sale of up to 1.33 crore equity shares by a promoter and existing shareholders.
The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of Nifty 8-13 yr G-Sec Index.
All major sectoral indices are in green.
Nifty Media index down by 2%.
Silver futures witnessed a decline of Rs 211.
HSBC along with some other banks to buy the bonds.
HDFC Life (+2.90%) is the top Nifty 50 gainer with 3% gain.