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Tuesday, January 24, 2017

CPSE ETF Allotment: Retail Investors to get preference

Retail investors will get preference in the allotment of units in CPSE ETF and almost all of the bids would get accepted.

Retail investors will garner nearly half the allotment of the Rs 6,000 crore second tranche of CPSE Exchange Traded Fund. After retail investors, pension funds would get the preference

The Reliance Mutual Fund-managed Central Public Sector Enterprises - Exchange Traded Fund (CPSE ETF), which opened for subscription last week, was over-subscribed by 2.30 times
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