 "PSUs outsmart many big firms on returns")
The government will soon be launching the second tranche of the Central Public Sector Enterprises (CPSE) fund to divest stake in its 10 Maharatnas and Navratnas. Going by the performance of the existing CPSE exchange-traded fund (ETF), this seems lucrative. The scheme has outperformed most equity funds with returns of 24 per cent in the past one year. Its own benchmark Nifty CPSE is up 20 per cent whereas Nifty 50 has returned just nine per cent.
If an individual has been investing Rs 1,000 every month since its launch until now, he would have made 9.3 per cent
If an individual has been investing Rs 1,000 every month since its launch until now, he would have made 9.3 per cent
