Market Snapshot
  • BSE Sensex: 79454.47 -1.10%
  • BSE 500: 34105.3 -0.68%
  • BSE 200: 10784.99 -0.72%
  • BSE 100: 25013.93 -0.81%
  • BSE MidCap: 42111.5 -0.10%
  • BSE SmallCap: 46741.95 -0.30%
  • BSE BANKEX: 61100.73 -1.04%
  • BSE IT: 35153.69 -0.32%
  • Nifty 50: 24008 -1.10%
  • Nifty 500: 21675.55 -0.77%
  • Nifty 200: 13217.7 -0.82%
  • Nifty 100: 24437.55 -0.97%
  • Nifty Midcap 100: 53223.35 -0.01%
  • Nifty Small 100: 16085.65 -0.61%
  • Nifty IT: 35880.1 -0.34%
  • Nifty PSU Bank: 6266.45 1.59%
News:
  • Thermax Q4 PAT jumps 8% YoY to...
  • Dr Reddys Lab Q4 PAT rises 22%...
  • Swiggy net loss widens to Rs 1...
  • Japans SMBC to acquire 20% sta...
  • K.P.R. Mill rallies as Q4 PAT ...
  • Euro to INR: 96.28 0.22%
  • Pound to INR: 113.48 0.46%
  • Yen to INR: 0.59 -0.21%
  • Dollar to INR: 85.39 0.81%

Advantage AxisDirect

Opportunity to invest in 10 ratnas



ABOUT CPSE ETF


CPSE ETF was launched in order to facilitate Government of India's initiative to dis-invest some of its stake in selected CPSEs through the innovative ETF route. FFO5 is the sixth offering following the overwhelming success of previous five tranches. To recap, the previous five tranches so far received an aggregate subscription of approximately Rs 89,818 crore against aggregate issue size of Rs 38,500 crore. An aggregate of approximately 8.76 lac applications were received in the five disinvestment tranches.



WHY INVEST



  • Portfolio diversification through investment in blue-chip Maharatna, Navaratna & Miniratna CPSE stocks majority of which are sector leaders / near monopolies

  • Upfront discount to all categories of investors @ 3%

  • Valuation and Dividend Yields: Attractive P/E ratio and dividend yields compared to broader market index



  • Flexibility of trading on real time basis

  • Low expense ratio i.e. 0.0095%

  • Diversification across a number of public sector companies through a single instrument




STEPS


  • Step 1

    Log in to your AxisDirect account & click on mutual fund

  • Step 2

    Click on NFO/FMP

  • Step 3

    Select Reliance AMC

  • Step 4

    Under scheme name type CPSE. Submit & apply


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