Cpse Etf

Exposure to the Bharat 22 ETFs fetched the EPFO an annualised return of just 2.1%; the return on its investment in the CPSE ETF was negative. Experts said they may be good divestment vehicles for the government, but a poor choice for a retirement fund to bet on

CPSE ETF receives bids worth Rs 9,200 crore from anchor investors

The base issue size is of Rs 10,000 crore with a greenshoe option to retain a portion of the oversubscription.

CPSE ETF's 7th tranche to open on January 30; govt to raise Rs 10,000cr

Central Public Sector Enterprises ETF runs a concentrated portfolio with a handful of stocks having weights of as high as 20 per cent on the underlying index. The portfolio is concentrated towards the energy and oil sector.

Govt plans to garner Rs 10,000 cr from 7th tranche of CPSE ETF

Central Public Sector Enterprises ETF runs a concentrated portfolio with a handful of stocks having weights of as high as 20 per cent on the underlying index. The portfolio is concentrated towards the energy and oil sector.

Government running out of options for meeting its divestment target

Rather than using it as a strategic instrument for disinvestment, the government has used the CPSE ETF like its ATM

CPSE ETF follow-on offer oversubscribed 5 times, gets bids worth Rs 40,000 crore

The government is looking to raise up to Rs 10,000 crore through the follow-on fund offer (FFO) of CPSE Exchange Traded Fund (ETF).

Reliance Nippon Life Asset Management’s 6th tranche of CPSE ETF likely to hit the market next week

The ETF may offer a discount price to the investors.

Mutual funds wrap: Based on benefits — Can CPSE ETFs be game changer towards low risk ELSS funds?

In the last one year, the CPSE ETF has delivered a return of 11.69 percent, while in the last three years, the scheme delivered 9.19 percent.

Govt gets bids worth Rs 28,000 cr for CPSE ETF, to retain Rs 10K cr

Anchor investors had put in bids worth Rs 6,072 crore on the first day of the issue on March 19. The issue, which closed on Friday, saw overall subscription of Rs 28,000 crore.

CPSE ETF receives bids worth Rs 6,072 cr from anchor investors

The fifth tranche of the CPSE ETF opened for subscription Tuesday, wherein the government seeks to raise at least Rs 3,500 crore.

CPSE ETF: Fifth tranche subscription to open on March 19; govt eyes Rs 3,500 crore

According to Reliance Mutual Fund, which is managing the CPSE ETF, the fifth tranche would open for subscription on March 19, for anchor investors.

CPSE ETF additional sale on March 19; govt to raise over Rs 3,500 cr

The proceeds from the ETF sale will help the government move towards meeting the Rs 80,000 crore disinvestment target set for the current fiscal.

Testing times for investors? CPSE, Bharat 22 ETF yield EPFO 1.89% & 0.48% as of Dec-end

EPFO had in January 2017 decided to invest in select exchange traded funds (ETFs) to help the government achieve its disinvestment target

Edelweiss AMC wins mandate to launch government’s debt CPSE ETF

The debt CPSE ETF could be either open-ended or closed-end ETF. Exact details will be known soon

Govt gets Rs 17,000 cr from CPSE ETF follow-on offer

The offer attracted around Rs 27,300 crore worth of bids from FPIs, domestic institutions and retail investors in the follow on fund offer (FFO) of CPSE ETF, which closed on Friday.

CPSE ETF 4th tranche: Anchor investors put in Rs 13,300-cr bids, subscribe 5.5 times

The issue opened for anchor investors on November 28 and received subscriptions from investors including mutual funds houses, foreign portfolio investors (FPI), insurance and retirement funds.

CPSE ETF's third fund offer opens on Nov 28; should you invest?

It is unlikely that CPSE ETFs will outperform Nifty in the long run because of the nature of public sector organisations where it invests.

Govt may consider up to Rs 6,000 cr greenshoe option in CPSE ETF

CPSE ETF, which works like a mutual fund scheme, is an instrument with which the government divests its stake in the CPSEs without hitting the secondary market directly with individual PSUs.

Reliance Nippon CPSE ETF to open Nov 20, to raise Rs 8,000 crore

The government will raise Rs 8,000 crore through Reliance Nippon CPSE ETF with a greenshoe option to retain Rs 4,000 to Rs 6,000 crore

Reliance Nippon AMC to raise Rs 8,000 crore via fourth tranche of CPSE ETF

Reliance Nippon Life Asset Management had filed draft papers with of third follow-on offer of CPSE Exchange Traded Fund last month

FinMin eyes Rs 8,000 cr through CPSE ETF, issue likely by November-end

This would be the fourth tranche of the CPSE ETF, which comprises shares of 10 bluechip companies. In the earlier three tranches of the ETF, the government had raised Rs 11,500 crore.

'NITI preparing cabinet note for closure of 7 more sick CPSEs'

Government think-tank NITI Aayog is preparing a fresh cabinet note recommending closure of 7 more sick CPSEs as part of an exercise to tackle mounting losses incurred by these entities.

BEL stake sale begins tomorrow; floor price at Rs 1,498/share

The government will begin tomorrow 5 percent stake sale in state-owned aerospace and defence company Bharat Electronics Ltd to raise about Rs 1,600 crore.

Budget 2017: New diversified CPSE ETF coming soon; will it be worth the wait?

A more diversified CPSE ETF should provide plenty of wealth creation and value unlocking opportunities for retail investors, experts say.

Retail investor enthusiasm in CPSE ETF picks up: Reliance Nippon

Sundeep Sikka, ED & CEO, Reliance Nippon Life Asset Management said it is a starting of a new trend where retail investors who have never been coming to ETF until now have started showing interest.