What is CPSE ETF?

CPSE stands for Central Public Sector Enterprises 

Central Public Sector Enterprises and ETF stands for Exchange Trade Fund, the new CPSE is purely based on an equity index. Before investing you need to know few basic information about CPSE.

CPSE funds will invested in companies which meet the following criteria:

Owned 55% or more by the Govt. and listed on the NSE

Large PSUs (those having more than Rs.1000 cores as average free float market capitalization for six months period ending June 2013)

With a consistent dividend payment record (at least 4% for 7 years immediately prior to or 7 out of 8 / 9 years immediately prior to June 2013)

CPSE NFO Details:

New Fund Offer opens on March 19^th and closing on March 21^st 2014, money collected from the fund will handed over to government intern they will invest the deposit the equivalent value in the EFTs. Government of India is offering a 5% discount to all NFO investors who are all investing in CPSE.

When comes to investment all the investing opportunities has risk factors, before investing please do necessary research and invest your money in CPSE or any investment for that matter.

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