Government plans to garner Rs 10,000 crore from 7th tranche of CPSE ETF

Government plans to garner Rs 10,000 crore from 7th tranche of CPSE ETF

Government plans to garner Rs 10,000 crore from 7th tranche of CPSE ETF

Government plans to garner, the Central Public Sector Enterprises planned ETF’s seventh issue by the end of this month. Whereas, the center expected to raise Rs 10,000 crore, according to market sources. The CPSE Exchange Traded Fund (ETF) issue raised by the central government six times already. 

Meanwhile, market sources said the center planning to release further CPSE ETF version, which received significant responses from the investors. The issue planned for 30 January for Anchor Investors and for 31 January for Retail & Institutional Investors. 

Moreoever, the CPSE ETF are ONGC, NTPC, Coal India, IOC, Rural Electrification, Power Finance Corporation, Bharat Electronics, Oil India, NBCC, NLC India and SJVN.

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