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  • News From Press CPSE ETF's 7th tranche to open on Thursday; govt to raise Rs 10,000 crore

    CPSE ETF's 7th tranche to open on Thursday; govt to raise Rs 10,000 crore

    The issue will open for anchor investors on Thursday and for other institutional and retail investors, the next day.
    Economic Times Jan 28, 2020

    The government is planning to raise at least Rs 10,000 crore through the seventh tranche of CPSE ETF which will open for anchor investors on Thursday.

    Central Public Sector Enterprises ETF runs a concentrated portfolio with a handful of stocks having weights of as high as 20 per cent on the underlying index. The portfolio is concentrated towards the energy and oil sector.

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