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  • News From Press CPSE ETF may enter top 10 equity scheme club

    CPSE ETF may enter top 10 equity scheme club

    Source: Business Standard Mar 29, 2017

    A second exchange-traded fund (ETF) is likely to enter the club of top 10 in the country. Because of two sizeable follow-on offers by the government in the Central Public Sector Enterprise (CPSE) ETF, the index could break into the league of biggest schemes in terms of asset size. The only ETF in the top 10 club is Nifty 50, which had assets of Rs 15,520 at the end of last month.
     
    The 
    is an index of 10 state-run companies, including Coal India, and  The government has divested its holding in the basket of 10 companies as a part of its disinvestment programme.

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