The third tranche of CPSE Exchange Traded Fund, operated by Reliance Mutual Fund, got listed on the stock market today.
It saw positive response from investors with the net asset value (NAV) opening at Rs 27.61 on the NSE against the allotment price of Rs 26.8. On BSE, it opened at Rs 27.49.
"Units issued under Further Fund Offer of Reliance Mutual Fund CPSE ETF are available for trading on the exchange with effect from March 28, 2017," stock exchanges said in similarly worded circulars.