CPSE Exchange Traded Fund

Reliance MF's CPSE ETF to open on Mar 14; to raise Rs 2,500-cr

The government will next week launch the third tranche of CPSE Exchange Traded Fund, managed by Reliance Mutual Fund, to garner about Rs 2,500 crore.

 

Mar 08, 2017, 19:53 PM IST

'Govt may cross Rs 45.5K cr divestment target this fiscal'

The government hopes to overshoot the Rs 45,500 crore disinvestment target for the current fiscal amid strengthening of equity markets.

Feb 20, 2017, 22:05 PM IST
Shares of PSU banks, govt stake in erstwhile PSUs may form basket of second CPSE Exchange Traded Fund

Shares of PSU banks, govt stake in erstwhile PSUs may form basket of second CPSE Exchange Traded Fund

The Finance Ministry is considering including shares of public sector banks and government's shareholding in erstwhile PSUs in the second CPSE Exchange Traded Fund (ETF) which it plans to launch next fiscal.

Feb 07, 2017, 16:57 PM IST

Govt gets Rs 4,000 cr from ETF, exceeds disinvestment target

The government's first attempt to mop up disinvestment proceeds through the mutual fund route met with encouraging response as the CPSE Exchange Traded Fund (ETF) garnered cumulative bids worth Rs 4,000 crore from investors, including FIIs.

Mar 21, 2014, 19:42 PM IST

CPSE ETF oversubscribed, fetches bids worth Rs 4,000 cr

The new fund offer (NFO) of the ETF, which closed today, saw Foreign Institutional Investors (FIIs) lap up the scheme pouring in bids of over Rs 1,000 crore alone on the last day.

Mar 21, 2014, 15:20 PM IST

CPSE ETF can invest up to 10% of corpus in derivatives

Fund managers of the CPSE Exchange Traded Fund (ETF), comprising shares of 10 bluechip firms, will be allowed to invest up to 10 percent of the Rs 3,000 crore corpus in derivative products like stock futures and interest rate swaps.

Mar 02, 2014, 13:26 PM IST

Power Grid out of PSU ETF; Fin Min files offer document

Power Grid Corporation has been kept out of the proposed CPSE Exchange Traded Fund (ETF), which will now consist of 10 companies, including ONGC, Coal India, GAIL and Indian Oil.

Feb 25, 2014, 18:18 PM IST

Govt clears ETF for public units to push disinvestment

The Cabinet Thursday approved the setting up of a CPSE Exchange Traded Fund (ETF) which is expected to speed up disinvestment programme, check volatility in share price movement and encourage retail participation.

May 02, 2013, 22:55 PM IST