Day: 19 January 2017

You may have been excited to invest by looking at Reliance Mutual Fund's new ad - Invest in 10 Maharatnas & Navratnas at 5 % discount! This advertisement is for further fund offer (FFO) of CPSE (Central Public Sector Enterprises) ETF (exchange traded fund). Issue Open : Jan 18 23017 Issue closes: Jan 20 2017 Discount: As part of the FFO, an upfront discount of 5% is being offered to all category of investors. What is CPSE ETF? CPSE ETF is an exchange traded fund based on central public sector enterprises (CPSE) index. It is managed by Reliance Mutual Fund and this will be the second CPSE ETF (the first CPSE ETF was launched in March 2014). The fund aims to provide investors the opportunity to invest in a diversified basket of public sector companies and benefit from the growt...