6th tranche of CPSE ETF opens today for retail investors; should you apply?

Retail investors can look to invest for the short term in the sixth tranche of Central Public Sector Enterprises (CPSE) Exchange Traded Fund (ETF) that opened for subscription today given its attractive valuations, say experts.

The government plans to raise up to Rs 10,000 crore from this tranche of the CPSE ETF, which tracks shares of 11 Central Public Sector Enterprises (CPSEs) -- ONGC, NTPC, Coal India, IOC, Rural Electrification Corp, Power Finance Corp, Bharat Electronics, Oil India, NBCC India, NLC India and SJVN.

The CPSE ETF is an open-ended index exchange traded scheme with no lock-in period. Central