Finance Ministry planning to launch second CPSE ETF this fiscal

With the revamp of the existing CPSE ETF stuck in procedural hurdles, Finance Ministry is planning to launch a new Exchange Traded Fund (ETF) comprising stocks of 10 PSUs in the current fiscal.

Finance Ministry planning to launch second CPSE ETF this fiscal

With the revamp of the existing CPSE ETF stuck in procedural hurdles, Finance Ministry is planning to launch a new Exchange Traded Fund (ETF) comprising stocks of 10 PSUs in the current fiscal.

MFs' exposure to bank stocks hit 14-month high at Rs 40,293 cr

This was the highest level since January 2013, when fund managers had shored up their investment in banking shares to Rs 42,760 crore. This was also the second consecutive monthly rise in exposure.

MFs see redemption of Rs 1.09 lakh cr in March

Mutual funds witnessed huge redemption of Rs 1.09 lakh crore by investors in March, making it the highest monthly outflow in three years.

CPSE ETF debuts; surges over 11%

Shares of the CPSE Exchange Traded Fund (ETF) made a stellar debut on Friday and ended higher by over 11 percent.

Govt may come up with more ETFs after sound response to CPSE

After the encouraging response to CPSE ETF, government is mulling coming up with more such exchange traded funds comprising shares of public sector units as part of its divestment programme.

CPSE ETF to reopen for investors next month

An ETF is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange.

CPSE ETF draws Rs 850 cr bids from anchor investors on 1st day

Anchor investors put in bids worth about Rs 850 crore in the CPSE Exchange Traded Fund (ETF) that was launched Tuesday to help the government meet its disinvestment target.

ETF of 10 PSUs on Tue; to help govt meet disinvestment target

The Exchange Traded Fund (ETF) is likely to garner around Rs 3,000 crore - which will accrue to the exchequer - through a new fund offer.

Govt clears ETF plan; to raise Rs 3,000 cr in FY'14

The government on Friday decided to form an Exchange Traded Fund (ETF) comprising scrips of 11 bluechip state-owned firms, that will be offered in the market with a view to garnering Rs 3,000 crore this fiscal.

Govt aims to garner Rs 18,000 cr from PSU disinvestment

The government will garner about Rs 18,000 crore from seven approved disinvestment in public sector units and an Exchange Traded Fund (ETF).

'Exchange Traded Fund' to start by Oct-November

An 'Exchange Traded Fund' (ETF), an investment fund traded on stock exchange, would be launched for investors in October-November this year, a Union Finance Ministry official said Thursday.

Govt plans CPSE-ETF by Oct-Nov: Divestment Secy

The proposed CPSE-ETF (Central public sector enterprises-exchange traded fund) is likely to be launched by October-November, Disinvestment Secretary Ravi Mathur said here Saturday.

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.

Goldman Sachs to manage PSU ETF

Global investment banker Goldman Sachs is believed to have been chosen for setting up the PSU Exchange Traded Fund (ETF) to help government achieve its disinvestment target.

Cabinet nod to PSU ETF proposal likely soon

"The proposal of a PSU ETF could be taken up in the next meeting of the CCEA. The meeting is likely later in the week," a source said.

SEBI dismisses matter against 2 brothers in UTI ETF case

Market regulator SEBI has disposed of a case against two brothers of their alleged involvement in fraudulent dealings in UTI Sunder ETF (Exchange Traded Fund).

Inter ministerial panel to meet today on PSU's ETF

According to a government official, the Inter Ministerial Group (IMG) is scheduled to meet on March 25 to discuss the proposed ETF.

Inter ministerial panel to meet tomorrow on PSU's ETF

According to a government official, the Inter Ministerial Group (IMG) is scheduled to meet on March 25 to discuss the proposed ETF.

Fin Min to prepare cabinet note for setting up PSU ETF

The Finance Ministry will prepare a Cabinet note on framework of the Exchange Traded Fund (ETF) for state-owned companies with a view to attract investment and also promote government's disinvestment drive.