he government will set up a financial sector exchange trade fund (ETF) comprising shares of listed public sector banks, insurance companies and state run financial institutions. The department of investment and public asset management (DIPAM) on Thursday invited expression of interest (EoI) for appointment of an advisor to create this fund.
“We had successful stints with the CPSE ETF and later Bharat 22 ETF. There is a scope for a financial sector ETF given that strength of state run ba ..