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  • News From Press Investors make 7-9 per cent return in 11 days from CPSE ETF

    Investors make 7-9 per cent return in 11 days from CPSE ETF

    Source: ET Feb 2, 2017


    Investors have made an absolute return of 7-9 per cent on the further fund offer (FFO) of Central Public Sector Enterprises Exchange Traded Fund (CPSE ETF), managed by Reliance Mutual Fund. These gains, which include a 5 per cent upfront discount for those who applied in the offer, were made in a period of 11 days. The units, which were listed on Tuesday, were offered to investors at Rs 25.21, and traded between Rs 26.75 and Rs 27.25 during the day .Retail investors, including investors who put  ..

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