compact
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 ...
The official further said the ETF route would bring back investor confidence in the banking stocks.
India Business News: New Delhi, Feb 14 () The government has raised Rs 10000 crore by additional offering of Bharat-22 Exchange Traded Fund (ETF) on ...
India Business News: New Delhi, Feb 17 () The government's disinvestment proceeds have touched Rs 53558 crore so far in the current fiscal, as against the full ...
New Delhi: Markets regulator Sebi on Thursday exempted state-run Oil India from complying with buyback regulations with regard to its proposed 5.04 crore ...
Mining major Coal India on Tuesday reported a 50 per cent jump in consolidated profit at Rs 4,566.71 crore for the quarter ended December 31, beating Rs ...
Source: pixabay.com. With just a few hours to go for the Union Budget, the government is far from achieving its disinvestment targets for the current financial year ...
Coal India Ltd. will repurchase shares worth Rs 1050 crore at a time the government seeks to collect Rs 5000 crore through buyback offers of state-run ...
The government is likely to retain Rs 17000 crore from the ongoing CPSE ETF follow on offer, as against the original offer size of Rs 14000 crore, an official said ...
Edelweiss Asset Management has been appointed as the asset manager for the proposed debt ETF.
The government will next week launch the fourth tranche of CPSE Exchange Traded Fund to garner up to Rs 14,000 crore, investment banking sources said.
The new index of the CPSE Exchange Trade Fund (ETF) is likely to have shares of 11 state-owned companies, in place of 10 at present, an official said.
NEW DELHI: While there is a big question mark on the government's ability to meet its disinvestment target for FY19, analysts are on the same page when it ...
The offer attracted around Rs 27300 crore worth of bids from FPIs, domestic institutions and retail investors in the follow on fund offer (FFO) of CPSE ETF, which ...
Finance Minister Piyush Goyal is expected to present on February 1 a populist Budget for 2019-20 as the Bharatiya Janata Party (BJP)-led government makes a ...
New Delhi, Nov 11 () The finance ministry has rejigged the CPSE Exchange Traded Fund (ETF) and has included in the basket the scrips of four state-owned ...
The finance ministry, along with investment bankers, is currently in the process of rebalancing the ETF; new index likely to be ready by October.
It is unlikely that CPSE ETFs will outperform Nifty in the long run because of the nature of public sector organisations where it invests.
The subscriptions for the fourth tranche of CPSE ETFs will kick-off this week. Even as investors mull whether to invest into this Fund this time around we take a ...
The CPSE ETF does not give comfort either in terms of performance or risk metrics.
The government plans to raise up to Rs 14000 crore through the launch of fourth tranche of CPSE Exchange Traded Fund next week. The CPSE ETF is part of ...
NEW DELHI: Finance Minister Piyush Goyal on Friday said the government was confident of achieving FY19 disinvestment target of Rs 80,000 crore.
Institutional investors might find the fund attractive at these levels, says Kumar.
The government has sold 2.21 per cent stake in state-owned CIL to the CPSE ETF which is managed by Reliance Nippon Life Asset Management Ltd, according ...
Coal India accounts for over 80% of domestic coal production.
The issue opened for anchor investors on November 28 and received subscriptions from investors including mutual funds houses, foreign portfolio investors ...
Coal India's inclusion in CPSE ETF has compounded troubles for the stock already affected by the government's stake sale plans.
The fourth tranche of CPSE ETF follow-on offer was lapped up by institutional investors on Tuesday, with the portion reserved for anchor getting subscribed 5.5 ...
The government's first debt Central Public Sector Enterprises exchange-traded fund (CPSE ETF) is coming soon. Edelweiss Asset Management Co has won the ...
The government has sold 5.72 crore shares, representing 3.18 percent stake, in state-owned NBCC Ltd. to Reliance Nippon Life Asset Management Ltd, which ...
The Finance Ministry is vying Rs 8000 crore through the launch of follow-on public offer of Central Public Sector Enterprises exchange-traded fund by the end of ...
While performance of CPSEs in general and the CPSE Index in particular has been poor, valuations are attractive now for long-term investments.
The government is determined to push the public issues of listed insurance majors, GIC and New Indian Assurance, this fiscal. The department of investment ...
Post sale, the government's stake has come down to 70.57 per cent in NBCC.
Air India disinvestment process will happen after its financial accounts of 2018-19 are finalised (around May) for buyers to understand better the asset-liability of ...
MUMBAI: The third further fund offer (FFO) of the CPSE ETF by Reliance Mutual Fund was subscribed 3.5 times getting subscriptions worth Rs 27,300 crore till 5 ...
New Delhi: Leading stock exchange BSE has said subscriptions for the fourth tranche of CPSE ETFs will commence from next week on its Internet-based book ...
The Central Government has sold 2.21 per cent stake in state-owned CIL to the CPSE ETF which is managed by Reliance Nippon Life Asset Management Ltd.
The government has sold 2.21 per cent stake in state-owned CIL to the CPSE ETF which is managed by Reliance Nippon Life Asset Management Ltd, according ...
NEW DELHI: Reliance Nippon Life Asset Management (RNAM) has filed draft papers with capital markets watchdog Sebi for the fourth tranche of CPSE ...
Bulls were back strongly at Dalal Street on Thursday, the day of expiry of January futures & options contracts. The Nifty50 recovered losses seen in previous four ...
New Delhi: The government will launch the fourth tranche of the CPSE Exchange Traded Fund (ETF) and has started looking for merchant bankers to advise on ...
Three PSUs in which the Centre holds less than 55% stake may get replaced.
Investors in the government-backed CPSE Exchange Traded Fund (ETF) are deep in the red, after an 11 per cent fall in the last three trading sessions, following ...
CPSE ETF offers 11 stocks at reasonable valuations - Investors with over one-year horizon should look to invest in offer, say experts.
India Business News: New Delhi, July 31 () The finance ministry is likely to rework the constituents of the CPSE Exchange Traded Fund (ETF) by either including ...
The subscriptions for the fourth tranche of CPSE ETF which opened on November 27th, ends today for retail investors. Should you invest?
The Finance Ministry is likely to replace GAIL, Engineers India Ltd (EIL) and Container Corporation with new PSUs in the CPSE Exchange Traded Fund (ETF) ...
Reliance Nippon Asset Management Company on Tuesday announced Further Fund Offer 3 (FFO3) of its central public sector enterprises-exchange traded fund ...
New Delhi: The government is likely to retain Rs 17,000 crore from the ongoing CPSE ETF follow on offer, as against the original offer size of Rs 14,000 crore, ...
Buy it, sell it and you make 4.5%. If there is a strategic sale, then value will get unlocked, Dhirendra Kumar, CEO, Value Research, tells ET Now.
Budget is far more important for the bond market than stock market.”
The government raised a record Rs 77,417 crore from sale of its stake in public sector units in 2018, and the disinvestment programme is headed for another ...
Read more about Centre's non-tax revenue growth pegged at 11.2% to Rs 2.72 trillion in FY20 on Business Standard. Centre expects Rs 28K crore interim ...
The Finance Ministry is eyeing about Rs 8,000 crore through the launch of follow-on public offer of CPSE exchange-traded fund (ETF) by the end of this month, ...
With investors giving a thumbs-up on the first day of the further fund offer (FFO) of the CPSE ETF on Tuesday, the Centre plans to more than double the offer size ...
The government, struggling to fill its disinvestment purse, has hit upon a winning idea lately — using the ETF route. Last week, a third public offer from the CPSE ...
India's ETF has got a good response and seeks to reach Rs 80 thousand crores. Watch the video to know more.
Over a dozen CPSEs have evinced interest in raising funds through the finance ministry's maiden debt exchange-traded fund (ETF) to meet part of their capital ...
The government is increasingly using the exchange-traded fund (ETF) route for disinvestment. Bloomberg Quint points out in a report that funds raised through ...
The government is planning to raise about Rs 10,000 crore through a follow-on offer of Bharat-22 ETF in February, an official said. "Plans are on for launching ...
The CPSE-ETF has seen a sharp surge in trading volumes in the last two days. While on Friday, 11.80 crore units were traded on the NSE, on Monday, the ...
By Dr Renu Pothen Reliance Mutual Fund has painted the country with the new ad which goes like this - Invest in 10 Maharatnas & Navratnas at 5 per cent ...
New Delhi: The finance ministry on Friday invited bids from mutual funds or asset management companies (AMCs) for creating, managing and launching a debt ...
The subscription for Bharat 22 ETF closes today. The PSU exchange traded fund (ETF) has been in news since it was launched as a part of the Narendra Modi ...
Bharat-22 ETF was introduced in Union Budget 2017 as a vehicle to achieve the government's divestment target, after the success of first state-run companies' ...
Despite the call for large-scale disinvestment, PSUs continue to bail out the government.
The government today launched the follow-on fund offer (FFO) of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies, to raise up to Rs ...
KOLKATA: Coal India's employees have largely stayed away from buying shares reserved for them in the Centre's offer for sale. Shares were undersubscribed ...
Mumbai, November 20: Reliance Mutual Fund (RMF) announced the launch of Further Fund Offer 3 (FFO3) of its Central Public Sector Enterprises‑Exchange ...
The first round of selection for managing the debt ETF would be made based on the strength of the AMCs in managing debt mutual funds and the second round ...
The assets under management (AUM) of exchange-traded funds (ETFs) — both equity and debt — has seen a tenfold jump in the past three years. At the end of ...
The government will launch the fourth tranche of the CPSE Exchange Traded Fund and has started looking for merchant bankers to advise on the sale process.
While exchange traded funds (ETFs) have proved to be successful avenues for disinvestments, they are feared to be used as arbitrage vehicles by investors.
Published: 26th November 2018 06:17 AM | Last Updated: 26th November 2018 06:17 AM | A+A A-. By Express News *Service*. Government of India's ...
Recently, the third tranche of the Central Public Sector Enterprise (CPSE) exchange traded fund (ETF) hit the markets.
New Delhi: The finance ministry will launch the second tranche of Bharat-22 ETF on 19 June which will help the government raise up to Rs8,400 crore from the ...
The CPSE ETF is being managed by Reliance Nippon Life AMC and there is an upfront discount of 4.5% for all investors.
The Centre is banking on minority stake sales in PSUs such as ONGC and Coal India, a further fund offer under the existing CPSE-ETF, buybacks by a clutch of ...
Reliance Mutual Fund proposes to raise upto Rs.8,000 crore (US$ 1.12 Billion) in FFO3 as “Initial Amount” plus an “Additional Amount” (if any) based on ...
The Nifty CPSE index lost10.2%in the one-year period ended 25May, while the benchmark 30-share Nifty index gained11.52%
The source said the ministry is working out the ETF's structure with CPSEs by taking into account their financial needs over the next 3 years, 5 years and 10 ...
For retail investors, ETFs are a low-cost investment option as they have lower operating cost, including the management fees.
The government has launched Bharat-22 -- a new ETF of 22 companies, including central public sector enterprises, government banks and some holdings of the ...
Heres a lowdown on top macro triggers that may move market on Thursday.
The Finance Ministry Friday invited bids from mutual funds or asset management companies (AMCs) for creating, managing and launching a debt ...
Bharat 22 ETF is open for subscription between 19 June and 22 June where retail investors get a 2.5% discount. But dont rush to buy this fund. Here's why.
The government has raised more than Rs 9600 crore through IPOs of three CPSEs and a tranche of Bharat-22 ETF in the first six months of the fiscal so far.
It saw positive response from investors with the net asset value (NAV) opened at Rs 27.61 on the NSE against the allotment price of Rs 26.8.
India's ETF market nearing Rs 1 lakh crore mark - 4% – India's ETF market accounts for of the total AUM of the MF industry.
The second innings of Bharat-22 ETF, Narendra Modi government's key divestment initiative, started on a strong note on the first day of the follow-on-fund offer ...
New Delhi: The government expects to garner at least Rs 5,000 crore through share buyback offers of state-run companies, including Coal India, in the current ...
The CPSE Debt Exchange Traded Fund (ETF) announced in the Budget this month is likely to give higher interest rate to investors than offered by Government ...
Retail portion was oversubscribed two times; Rs 3500 crore as against Rs 1750 crore on offer.
The Finance Ministry may come out with a Rs 10,000-crore follow-on fund offer of the Bharat-22 exchange traded fund (ETF) as it looks to dilute stake in Coal ...
Infibeam Avenues Thursday said its net profit grew manifold to Rs 26.6 crore during the December 2018 quarter from the year-ago period. The net profit stood at ...
The finance ministry will launch the second tranche of Bharat-22 exchange-traded fund on June 19 which will help raise up to Rs 8,400 crore from the markets.
The Indian ETF market corpus stood at Rs778.97bn as of Dec17, clocking a CAGR of 40 per cent through 2012-17.
With exchange traded fund (ETF) proving to be an effective disinvestment tool even under not-so-favourable market conditions, the Centre has decided to come ...
Heres a list of stocks which may hog limelight in todays session.