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CPSE ETF Oversubscribed 3.7 Times, Gets Bids Worth Rs 9,700 Crore
17 Mar 2017, 10:28 PM IST 
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The government was looking to raise Rs 2,500 crore from the third sale of the CPSE ETF.
New Delhi: The third tranche of the government's exchange traded fund (ETF) of top 10 state-owned companies saw bids worth Rs 9,200 crore from investors, which is 3.7 times the amount sought to be raised.
The Reliance Mutual Fund-managed Central Public Sector Enterprises - Exchange Traded Fund (CPSE ETF) saw all round participation from investors, with retail buyers putting in bids of over Rs 3,500 crore.
As much as 30 per cent of ...
