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CPSE Exchange Traded Fund

Updated on April 6, 2017

CPSE ETF is the short form of Central Public Sector Enterprises Exchange Traded funds. This is a famous Exchange Traded Fund in India based on NIFTY CPSE Index..This fund has been launched on 28th March 2014. Its Net Asset Value as on 5th April 2017 is Rupees 28.5 and its Assets as on 28th February 2017 is Rupees 7032 Crore. Ms Kaipunjal is the Fund Manager since inception. This fund was originally managed by the fund house Goldman Sachs MF, which was acquired by Reliance Mutual Fund in October 2015.

The return of the fund since launch is 13.31%. And return for the last year is 49.05%. The fund contains best 10 Indian Public sector Companies in its portfolio. You can watch the portfolio in the following Table.

Stocks
Sector
% of Asset
ONGC
Energy
24 .59
Coal India
Energy
19 .61
Indian Oil
Energy
18 .35
GAIL
Energy
11 .65
Rural Electrification
Financial
5 .78
Power Finance Corp
Financial
5.54
Container Corp
Services
4 .99
BHEL
Engineering
4 .11
Oil India
Energy
2 .94
Engineers India
Construction
1 .99

If we watch the above portfolio, it is obvious that 75% of its Asset is concentrates on top 4 stocks. The growth of this fund is on the basis of the growth of these 4 stocks. It is also important to remember that the investing is equal to investing in these stocks. The average return from Indian market since the last year was within 20%. But return from this fund was above twice of Indian Market. One should include this fund in their portfolio for a risk free return. Most funds available in markets consist above 50 stocks in portfolio. But this fund has only 10 stocks and it is easy to evaluate the performance of the stocks of this fund.

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