Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Event-Driven

The Central Public Sector Enterprises Exchange Traded Fund (CPSE ETF) is a passive fund that was created to help the Government of India divest some of its stake in selected CPSEs through the ETF route. The ETF is based on the Nifty CPSE index and currently includes 11 listed Central Public Sector Enterprises. The number of names in the ETF reduces to 10 once <a href="https://www.smartkarma.com/entities/rural-electrification-corp" target="_blank" data-smartkarma-citation="entities:5014:1" rel="noopener">Rural Electrification (RECL IN)</a> is kicked out this Friday, July 12.The sixth tranche of the ETF is expected to open on July 18 to anchor investors and on July 19 to non-anchor investors. The new units are expected to start trading on July 29. The discount on the ETF will be 3%, opening up arbitrage opportunities to investors.We also see an additional trade in <a href="https://www.smartkarma.com/entities/indian-oil-corp-ltd" target="_blank" data-smartkarma-citation="entities:7781:1" rel="noopener">Indian Oil Corp (IOCL IN)</a> based on the ETF offering.

The Central Public Sector Enterprises Exchange Traded Fund (CPSE ETF) is a passive fund that was created to help the Government of India divest some of its stake in selected CPSEs through the ETF route. The ETF is based on the Nifty CPSE index and currently includes 11 listed Central Public Sector Enterprises. The number of names in the ETF reduces to 10 once Rural Electrification (RECL IN) is kicked out this Friday, July 12.The sixth tranche of the ETF is expected to open on July 18 to anchor investors and on July 19 to non-anchor investors. The new units are expected to start trading on July 29. The discount on the ETF will be 3%, opening up arbitrage opportunities to investors.We also see an additional trade in Indian Oil Corp (IOCL IN) based on the ETF offering.

India

CPSE ETF is an exchange traded fund incorporated in India. The Fund aims to provide returns that, before expenses, closely correspond to the total returns of the CPSE Index. The Fund invests in securities that are constituents of the CPSE Index in the same proportion as in the Index.

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CPSE ETF (CPSEBE IN)

The CPSE ETF Arb Is Back, but Tighter!

The Central Public Sector Enterprises Exchange Traded Fund (CPSE ETF) is a passive fund that was created to help the Government of India divest...

Brian Freitas

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)