News From Press Fifth CPSE ETF tranche set to open tomorrow

Fifth CPSE ETF tranche set to open tomorrow

The 2019 budget has proposed to include CPSE ETFs in the ELSS category that is eligible for tax deduction, but past returns have not been inspiring

Mint Jul 18, 2019

The fifth tranche of Central Public Sector Enterprises exchange-traded funds (CPSE ETFs) is opening for subscription for retail investors on 19 July. Less than a fortnight ago, Budget 2019 proposed to include CPSE ETFs in the equity-linked savings scheme (ELSS) category under the Section 80C tax deduction basket. So should you buy?

Click here to read more>>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Nine big financial changes that you must watch out for in October

National Pension System: How to choose the right annuity plan?

Buying health plan in India can help NRIs during visits here

SBI Funds Management purchases Rs 103 crore office space in Mumbai

Top 1% tax filers account for over 54% of short-term capital gains

Health, life insurance premiums need a tax cut? GoM to meet on October 19

Mutual funds dive into FoF waters to fish for debt fund alternatives

Sebi likely to introduce MF-Lite regulations for passive funds: Madhabi Puri Buch

Every equity mutual fund category fetched at least 20% return in last one year

Is your mutual fund overlapping putting your investments at risk? How to identify and avoid it!

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS