News From Press Govt to raise up to Rs 14,000 crore through 4th tranche of CPSE ETF

Govt to raise up to Rs 14,000 crore through 4th tranche of CPSE ETF

Source: The Economic Times Nov 20, 2018

The government will next week launch the fourth tranche of CPSE Exchange Traded Fund to garner up to Rs 14,000 crore, investment banking sources said. The government has already raised Rs 11,500 crore in the earlier three tranches of the ETF, which functions like a mutual fund scheme.

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