Central Public Sector Enterprises Exchange Traded Fund (CPSE ETF) FFO is part of the government's larger disinvestment program that was launched by the Ministry of Finance in 2017. The CPSE ETF is a passive investment fund with no lock-in period that was created to help the Government of India in its initiative to dis-invest some of its stake in selected CPSEs through the innovative ETF route. The ETF is based on Nifty CPSE index and includes 11 listed Central Public Sector Enterprises.
Stock Name | Sector | Weightage |
Coal India Ltd. | Minerals/Mining | 0.2084 |
NTPC Ltd | Power | 0.2027 |
ONGC | Oil | 0.199 |
India Oil Corporation Ltd | Petroleum Products | 0.188 |
Power Finance Corporation | Finance | 0.0807 |
Bharat Electronics Ltd | Industrial Capital Goods | 0.0632 |
Oil India Ltd | Oil | 0.0303 |
NBCC (India) Ltd | Construction | 0.0126 |
NLC India Ltd | Power | 0.0075 |
SJVN Ltd | Power | 0.0071 |
History of CPSE FFO's
- NFO was first launched in March 2014
- FFO 1 was launched in January 2017
- FFO 2 was launched in March 2017
- FFO 3 was launched in November 2018
- FFO 4 was launched in March 2019
- FFO 5 was launched in July 2019
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