The third tranche of CPSE Exchange Traded Fund (ETF), managed by Reliance Mutual Fund will open for retail investors on March 15 and will continue till March 17. Through this tranche the government aims to garner about Rs2,500 crore. In this series, an upfront discount of 3.5% will be offered to all category of investors. In the earlier two series a 5% discount was offered only to retail investors. The second tranche of the CPSE ETF launched in January 2017, which was oversubscribed by 3 times.
