Government announces new PSU ETF called Bharat-22 with diversified portfolio

Government announces new PSU ETF called Bharat-22 with diversified portfolio

Compared to energy heavy CPSE ETF, Bharat 22 is a well diversified portfolio with 6 sectors (basic materials, energy, finance, FMCG,  industrials & utilities).

Aug 04, 2017, 15:33 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

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.

Apr 16, 2013, 18:42 PM IST

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.

Apr 08, 2013, 17:27 PM IST

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.

Mar 24, 2013, 12:44 PM IST

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.

Feb 20, 2013, 18:21 PM IST

Govt invites proposals from mutual funds for PSU ETF

Moving ahead with its proposal to set up an exchange traded fund for PSUs, the government has invited proposals from mutual funds having equity assets of over Rs 2,500 crore.

Jan 06, 2013, 19:12 PM IST

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