In the field of Finance and Investment , very often it is the lack of
information that prevents a person from making gains...I guess it same
with life.
Today while searching around for some new modes in the Large Cap space- I came across a gem- well apparently.
I searched deeper and found that it was even better than what appeared on surface.
Ladies and Gentlemen Welcome to CPSE-ETF. I had to really look around and pinch myself to believe that the fund was launched by Reliance a more than 2 years ago.
As in the case of ETF:
1.You can buy it on a stock market like shares with getting the price of your choice.
2.AMC charges are very minimal-0.07%
3.Liquidity is very high.
Such funds if in normal MF mode tend to have a risk of having too few investors.In case of ETF this may not be so, especially as the fund as an asset base of 2284 crores.
There are a few points that make it high on risk:
1. The fund is very high on risk due to concentration into very few companies- 10 at present.
2.Exposure to top company (ONGC at present ) is as high as 24.5%
3. Exposure to top sector is 77%- as the ETF has NIFTY PSE index as it's benchmark.
4.The fund largely reflects the PSU energy companies and hence is a highly specialised SECTOR fund. Thus it carries the associated risk of a sector fund.
In my opinion the fund is high on risk but for Seafarers who are well invested - they may try investing here with nimble foots and SIP way.
You will have to do it on your stock trading platform.
Last year the fund gave 5.3% higher return than the next best in Large Cap category.
Today while searching around for some new modes in the Large Cap space- I came across a gem- well apparently.
I searched deeper and found that it was even better than what appeared on surface.
Ladies and Gentlemen Welcome to CPSE-ETF. I had to really look around and pinch myself to believe that the fund was launched by Reliance a more than 2 years ago.
As in the case of ETF:
1.You can buy it on a stock market like shares with getting the price of your choice.
2.AMC charges are very minimal-0.07%
3.Liquidity is very high.
Such funds if in normal MF mode tend to have a risk of having too few investors.In case of ETF this may not be so, especially as the fund as an asset base of 2284 crores.
There are a few points that make it high on risk:
1. The fund is very high on risk due to concentration into very few companies- 10 at present.
2.Exposure to top company (ONGC at present ) is as high as 24.5%
3. Exposure to top sector is 77%- as the ETF has NIFTY PSE index as it's benchmark.
4.The fund largely reflects the PSU energy companies and hence is a highly specialised SECTOR fund. Thus it carries the associated risk of a sector fund.
In my opinion the fund is high on risk but for Seafarers who are well invested - they may try investing here with nimble foots and SIP way.
You will have to do it on your stock trading platform.
Last year the fund gave 5.3% higher return than the next best in Large Cap category.
Disclaimer: This is a discussion forum. So please do some research on
your own too- and discuss it here. I am just proceeding to buy this thru
my broker.
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