CPSE ETF may enter top 10 equity scheme club

A second exchange-traded fund (ETF) is likely to enter the club of top 10 equity schemes in the country. Because of two sizeable follow-on offers by the government in the Central Public Sector Enterprise (CPSE) ETF, the index could break into the league of biggest schemes in terms of asset size. The only ETF in the top 10 club is SBI ETF Nifty 50, which had assets of Rs 15,520 at the end of last month.
 
The CPSE ETF is an index of 10 state-run companies, including Coal India, ONGC and Oil India. The government has divested its holding