FinMin invites bids from advisors to launch financial sector ETF
After the resounding success of CPSE ETF and Bharat-22 ETF, the government is looking at diversifying the ETF basket by including stocks of public sector banks (PSBs), public sector insurance companies (PSCIs) and public sector financial institutions (PSFIs).
Jun 28, 2019, 10:50 AM IST
Govt may launch exchange traded fund of PSU bank stocks next fiscal
The bank exchange traded fund (ETF) would be in addition to the two ETFs -- CPSE ETF and Bharat-22 ETF -- launched by the government which have seen huge investor demand.
Feb 20, 2019, 13:11 PM IST
Finance ministry to re-balance CPSE ETF, may include new PSUs
The CPSE ETF comprises 10 state-owned bluechips and shares in these companies can be sold only till the government stake in them reaches 55 percent.
Jul 31, 2018, 16:42 PM IST
Bharat-22 ETF tranche 2 opens
An ETF is a traded security that tracks an underlying asset like a group of companies or commodity.
Jun 19, 2018, 17:44 PM IST
All you need to know about Bharat-22 exchange traded fund
The government had in November last year launched Bharat-22 Exchange Traded Fund (ETF).
Jun 13, 2018, 12:56 PM IST
Second tranche of Bharat-22 ETF on June 19; government to get up to Rs 8,400 crore
The investors would get a 2.5 per cent discount over the issue price.
Jun 13, 2018, 12:41 PM IST
Asia Index launches S&P BSE Bharat 22 index
Asia Index Private Ltd on Tuesday announced the launch of S&P BSE Bharat 22 Index to track the performance of select state-run companies in which the central government has divested its stake.
Aug 22, 2017, 15:08 PM IST
CPSE ETF oversubscribed 3.7 times, gets bids worth Rs 9,700 crore
The third tranche of the government's exchange traded fund (ETF) of top 10 state-owned companies saw bids worth Rs 9,200 crore from investors, which is 3.7 times the amount sought to be raised.
Mar 17, 2017, 21:26 PM IST
CPSE ETF oversubscribed by 2 times, gets bids worth Rs 12,000 crore
The second tranche sale of government's exchange traded fund (ETF) of top 10 state-owned companies saw bids worth Rs 12,000 crore from investors, which is twice the amount sought to be raised.
Jan 20, 2017, 20:15 PM IST
FinMin likely to issue CPSE Exchange Traded Fund by Dec
Having zeroed in on fund manager, the Finance Ministry is considering to launch second tranche of Exchange Traded Fund (ETF) comprising stocks of 10 PSUs by the end of December.
Sep 13, 2016, 17:31 PM IST
MFs witness net outflow of Rs 21,535-crore in June
Investors pulled out Rs 21,535 crore from various mutual fund (MF) schemes in June, making it the second consecutive monthly outflow, primarily due to huge redemption from money market segment.
Jul 15, 2016, 14:57 PM IST
Finance Ministry planning to launch second CPSE ETF this fiscal
With the revamp of the existing CPSE ETF stuck in procedural hurdles, Finance Ministry is planning to launch a new Exchange Traded Fund (ETF) comprising stocks of 10 PSUs in the current fiscal.
Apr 14, 2016, 20:01 PM IST
Finance Ministry planning to launch second CPSE ETF this fiscal
With the revamp of the existing CPSE ETF stuck in procedural hurdles, Finance Ministry is planning to launch a new Exchange Traded Fund (ETF) comprising stocks of 10 PSUs in the current fiscal.
Apr 14, 2016, 20:01 PM IST
