What to watch. CPSE ETF further offer opens for subscription

Updated - January 29, 2020 at 09:43 PM.

 

The seventh tranche of the CPSE ETF, through which the Centre plans to raise at least ₹10,000 crore, will open for subscription to anchor investors on Thursday and to retail investors on Friday. The current tranche is offering a discount of 3 per cent to all investors. The Central Public Sector Enterprises ETF is a collection of 12 public sector companies, mostly dominated by energy and power sector stocks. The CPSE ETF New Fund Offer (NFO) was launched in March 2014.

Published on January 29, 2020 16:13