Answer of some question regarding CPSC FFO 2 This is a extention of first tranche First Tranches was 3000 Cr in thia Anchor investor - FII - Corporate - Institution all participate But In this CPSC 2 fund size is 6000 cr out of 1800 Cr for Anchor investor which start on 17 Jan And 4200 Cr for Retail investor which start on 18 to 20 Jan 2017 First chance for Retail if not fully subscribe than for others like pension fund - Retirement fund and corporates etc Allotment on proportionate base No first come first serve base or No lottery system Each and every retail investor will get allotment.
Allotment on Average price of 18 19 20 jan NAV for example CPSC ETF on
18 Jan 26 19 jan 26.50 20 jan 27
Than allotment on average of 3 days means @ 26.50
For Anchor investor 1 month lock in period
Foe Retail investor there is no lock in period
Floating is very high in this bcoz when come in 2014 that time pension fund and Retirement fund were not allowed to invest in ETF but Now Govt allow to them to invest 5 % in ETF so demand will be very high bcoz they buy for 5 years and 10 years veiw and this ETF have highest Dividend yeild and almost 15 % CAGR return so on listing Retailer can easily sold with full liquidity.
5 % Discount for Retail
Earlier it was name on goldman sach But goldman mutual fund take over by Reliance mutual fund so its call Reliance CPSC ETF FFO
All PSU basket companies in this CPSC are giving Dividend continue last 10 years.
First Tranches was 3000 Cr in thia Anchor investor - FII - Corporate - Institution all participate
But In this CPSC 2 fund size is 6000 cr out of 1800 Cr for Anchor investor which start on 17 Jan
And 4200 Cr for Retail investor which start on 18 to 20 Jan 2017
First chance for Retail if not fully subscribe than for others like pension fund - Retirement fund and corporates etc
Allotment on proportionate base
No first come first serve base or No lottery system
Each and every retail investor will get allotment.
Allotment on Average price of 18 19 20 jan NAV for example CPSC ETF on
18 Jan 26 19 jan 26.50 20 jan 27
Than allotment on average of 3 days means @ 26.50
For Anchor investor 1 month lock in period
Foe Retail investor there is no lock in period
Floating is very high in this bcoz when come in 2014 that time pension fund and Retirement fund were not allowed to invest in ETF but Now Govt allow to them to invest 5 % in ETF so demand will be very high bcoz they buy for 5 years and 10 years veiw and this ETF have highest Dividend yeild and almost 15 % CAGR return so on listing Retailer can easily sold with full liquidity.
5 % Discount for Retail
Earlier it was name on goldman sach But goldman mutual fund take over by Reliance mutual fund so its call Reliance CPSC ETF FFO
All PSU basket companies in this CPSC are giving Dividend continue last 10 years.
Documents are required for this CPSC ETF
1.Cheque ( No third party allowed)
2.client master list or Demat holding statement (No original required)