Moreover, the total issue was subscribed around four times.The NFO of Bharat 22 ETF was launched on November 14 for anchor investors and was available for non-anchor investors from November 15 - 17.This is the highest ever NFO collection in the history of mutual funds in India.The NFO got subscription of approximately Rs 32,000 crore from 3,35,000 applications.The response from FPIs and FIIs was also huge and they subscribed to the tune of approximately Rs 10,000 crores in anchor and non anchor categories.Bharat 22 ETF, which is an innovative disinvestment route for the Government of India to disinvest its holdings in select CPSEs, strategic holdings of SUUTI, and OEM Anchors Suppliers Public Sector Banks, invited a strong response from all categories of investors including retirement funds and retail investors.The ETF comprises of 22 companies across six sectors, which includes bluechip and private companies such as Larsen & Tubro (L&T), Axis Bank, and ITC..New Delhi: In view of positive response from investors, the government has decided to increase the New Fund Offer (NFO) size of Bharat 22 ETF from Rs 8,000 crore to Rs 14,500 crore, to cater to the demand of retail investors and retirement funds; a notification from Department of Investment and Public Asset Management (DIPAM) read