Risk takers can opt for CPSE ETF

Its portfolio is heavy in a few stocks & sectors, whose performance can impact returns considerably

Tinesh Bhasin
Last Updated at January 11, 2017 16:15 IST

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.

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