Almost all the persons who invested in CPSE ETF in last 3 years are in loss as per today's price. Most of the persons who invested in last 5 years are in loss.
Hello friends, contradictory information is available on different websites. If i invest in cpse etf through Reliance mf website on 19th July, as a retail investor, will the allotted units have 3 year lock in or not? Will the Reliance mf website give 2 different options ie one open-ended (which can be sold after allotment) and one with lock in?
ITs a budget proposal to include CPSE ETF in the ELSS Category which is not yet notified. So, if you invest in this FFO, there is no lock in period in my view. Request to verify before investing.
There is no locking period for retail investors in CPSE ETF FFO5. You could sell it as soon as you get the shares in your demat account. This is the same rule as previous FFO's.
Please note that any FFO 5 Units allotted to Anchor Investors during the FFO 5 period shall be locked-in for a period of 30 days from the FFO 5 Allotment Date.
FM announced that investments in CPSE ETF will be eligible for deduction under section 80C of IT Act. Some websites are also claiming so. But i guess it will not apply at present (to this issue -ETF) because benefit under section 80C comes with at least 3 years' lock in period. Please give your views regarding lock in period.
it can apply for present CPSE ETF ISSUE also. but have a look at basic small information. you can get tax benefits from cpse etf when you are holding it from atleast 3 years. or in lock in period. if you don't want to show this in your 80-c then you can sell this anytime you want but you can not get the 1.5 lakhs tax benefits. thank you.
Hello friends, what is the process of allotment of cpse etf in case of over-subscription? Let us say retail investor portion is over-subscribed two times. Units worth how much will be allotted to retail investor who has paid Rs 2 lakh and how much to the one who has paid Rs 1 lakh?
As per the information provided by the company "Investors to note that in case of over Subscriptions, allotment will be made on a proportionate basis as set out in the Supplement."
i think it is first come first serve base. and from past records for retailers portion they are accepting nearly 100%. they will always give first preference to retailers.
Dear admin, i couldn't get what you just said on your previous comment. Please explain this. allotment will be made on a proportionate basis as set out in the Supplement."
Please refer CPSE ETF FFO5 Key Information Memorandum for more detail. Note that though the issue size is Rs 8000 Cr, usually government accept almost all over-subscription from retail investors.