LOSS in CPSE ETF. Trading below alloted price and market pressure and selling pressure is too much. So people are booking loss. First time CPSE etf gave negative return. This clearly shows that don't blindly believe in past records. This government don't want to earn anyone from anywhere..
Good morning.. CPSE ETF issue subscribed 5 times more than 40000 CR. DIPAM announce that now the revised size of this issue is 11500 CR. so retailer can get allotment.
on other hand allotment price will be between 24.55 to 24.65. so we need nifty support and lets just hope value of CPSE ETF will increase so we can get 1-2% listing gain..
i am wondering this time retailers maybe get refund of their amount. so not 100% acceptance like previous issues. Good luck to all investors.
@Admin, i am zerodha user. i placed my bid from the link you gave me but i can't see the order i placed. so is there any menu or tab where i can see my order placed successfully? thank you.
kindly have a look. https://www.business-standard.com/article/markets/cpse-etf-anchor-issue-subscribed-8-times-opens-for-retail-investors-today-119071900067_1.html
The way the ETF constituents stocks are being hammered today. The same might continue tomorrow. If that's case, the allotment price determined will be low. I might apply with full force.
I am not sure about the GMP. But I feel the allotment price could be below Rs. 25. Don't expect very high appreciation. The most margin you could get on the day of listing (it is already listed, what I mean is the day you sell after the allotment) could be around 4 to 8% unless you hold for some time.
yes sir i also think allotment price after discount is below 25. but the down move from last 7 days what you think can this etf give us negative returns? and can be open in discount??
Dear Admin, can we track this CPSE ETF subscription ratio like IPO? and today is anchor portion opening, so by the day end can we know how much anchor portion subscribed?
Dear admin & all experts, can someone give information about if this cpse etf ever announced dividend or not? they are mentioning 5% dividend yield everywhere.
5% dividend yield they are talking about is the dividend yield of under laying stocks such as ONGC, NTPC, COAL India etc. This dividend yield adds to the NAV of the ETF.
how many times it happened in past? if you mean dividend, most of these PSU stocks give dividend from time to time, usually two times a year. This information is available online. any idea how can we know the price difference from NAV? - My understanding is as below. NAV is calculated based on the current price of each of the constituents stocks. Since it is exchange traded fund, the trading price varies with the NAV. To maintain the NAV of the ETF on the exchange, the AMC appoints Authorised Participants (AP) who continuously buy / sell this ETF units to maintain the NAV price on the exchange. You may always notice couple of big unit buyer or seller in the range of 400000 around the NAV price.
Thank you so much for reply. i understand your information. so the question next arrive is, lets take cmp of cpse etf is 25.60 so in this nav how much dividend has been allot from march,2014. starting of fund, and if we want this information of how much dividend and how many times it has been added so people can think for long term if dividend amount is handsome.
How can you invest in CPSE ETF to save tax under Section 80C? In the Budget, it has been mentioned that the CPSE ETF will be eligible for 80C benefits. As the Finance Bill has not been passed till now, it has not yet got implemented and once the Finance Bill is passed, there will be a bit of operational work that will need to be done from the exchanges. My belief is that in the next two to three months that should be up and running and we will see a larger amount of retail interest in ETFs.
To all the investors who want to get tax benefits from ETFs. as per my point of view, BHARAT 22 will be give more Return compare to CPSE ETF. also attractive discount and some nice private companies are their.
Trading below alloted price and market pressure and selling pressure is too much.
So people are booking loss.
First time CPSE etf gave negative return.
This clearly shows that don't blindly believe in past records. This government don't want to earn anyone from anywhere..