Exchange Traded Fund

Finance Ministry starts consultation with investors to launch global Exchange Traded Fund in current fiscal

ETFs function like a mutual fund scheme and have underlying assets of government-owned companies.

CPSE Exchange Traded Fund 5th tranche: Govt gets bids worth Rs 9,500 crore

The government has received bids worth Rs 9,500 crore so far from the fifth tranche of CPSE Exchange Traded Fund (ETF), an official said on Friday

Govt may launch exchange traded fund of PSU bank stocks next fiscal

The finance ministry is mulling launching an exchange-traded fund consisting of PSU bank stocks in the next financial year

Bharat-22 ETF additional sale on 14 February, govt to raise Rs 3,500 cr; proceeds to help govt meet divestment target

So far, the government has mopped up approximately Rs 36,000 crore by paring minority stake in public sector companies, and through ETFs.

Govt to raise up to Rs 14,000 cr through 4th tranche of CPSE ETF; issue to open next week

The government has already raised Rs 11,500 crore in the earlier three tranches of the ETF, which functions like a mutual fund scheme.

Bharat-22 ETF: Anchor investors put in Rs 5,163 cr bids, subscribe 3.44 times

The government on Tuesday launched the follow-on fund offer (FFO) of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies, to raise up to Rs 8,400 crore from the market

Second tranche of Bharat-22 ETF on 19 June; government to get up to Rs 8,400 cr

The issue will open for anchor investors on 19 June and for other institutional and retail investors the next day

PF interest rates lowered to 8.55% for FY18; ETF investments fetch a return of 20.65% so far, says labour minister

Retirement fund body EPFO lowered the rate of interest on employees provident fund to 8.55 percent for its over 6-crore subscribers for 2017-18, from 8.65 percent in the previous fiscal.

Bharat 22 ETF lists on bourses with modest gains; stock sells at Rs 36.30 per unit on BSE

The government recently raised Rs 14,500 crore through Bharat 22 ETF, which saw bids of nearly Rs 32,000 crore coming in

Bharat 22 ETF: Govt raises Rs 14,500 cr; fund sees Rs 32,000 cr bids, so far Rs 52,000 cr garnered via divestment

In Bharat 22 ETF, as much as 25 percent of total issue size, or Rs 2,000 crore, was reserved for anchor investors who put in bids worth about Rs 12,000 crore