India
NRI
CPSE ETF Further Fund Offer 6 (FFO 6)
About CPSE ETF
CPSE ETF was launched to facilitate Government of India's initiative to dis-invest some of its stake in selected CPSEs through the innovative ETF route. Further Fund Offer 6 is the seventh offering towards this initiative. To recap, the previous six tranches so far received an aggregate subscription of approximately ₹1,38,303 crore against aggregate issue size of ₹50,000 crore.
Why invest
-
Portfolio diversification through investment
in blue-chip Maharatna, Navaratna
& Miniratna CPSE stocks -
Upfront discount to all categories
of investors @ 3% -
Reasonable 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 12 public sector
companies through a single instrument
Steps
-
Step 1
Login to trade
-
Step 2
Switch to old trading platform
-
Step 3
Under IPOs, OFS, NCDs and
Bonds, select Current Issues -
Step 4
Select ‘CPSE ETF FFO6’
and apply