The CPSE ETF, or Central Public Sector Enterprises ETF, is a good investment for those interested in India’s growing market. It offers a chance to invest in the Indian economy. It exposes you to some of its largest public sector firms.
What is the CPSE ETF?
The CPSE ETF is a diversified portfolio comprising shares of prominent government-owned companies. The government of India launched this ETF. It includes blue-chip public sector undertakings (PSUs) in energy, finance, and industrials.
| ETF Symbole | CPSEETF |
| Current Price | 102.80 (21-08-2024) |
| Expense Ratio | 0.07 |
| Market Cap | 46793 cR |
| PE Ratio | 16.11 |
| Number Of Stocks | 11 |
Benefits of investing in CPSE ETF
One of the most attractive features of the CPSE ETF is its high dividend yield. Investors looking for regular income will find this ETF particularly appealing. The companies are known for paying high dividends. So, it is a reliable source of passive income.
The CPSE ETF offers investors diversified exposure to multiple sectors. It includes firms in vital industries: oil, gas, power, coal, and finance. This diversification helps reduce risks. The ETF’s performance is not tied to any single sector.
Top Holdings in CPSE ETF
Some of the largest companies that make up the CPSE ETF include:
Oil and Natural Gas Corporation (ONGC): A giant in the oil and gas sector, ONGC is a key contributor to the ETF’s portfolio.
Coal India: It is a key player in India’s coal industry. It provides strong earnings and solid performance in the energy sector.
NTPC: One of the leading power companies in India, NTPC plays a crucial role in the nation’s energy infrastructure.
Indian Oil Corporation: Another key holding, Indian Oil, is a top oil refiner and distributor. It leads in refining and distributing petroleum products nationwide.
Performance of CPSE ETF
The CPSE ETF has performed well, with consistent returns to investors. Its strong dividends and stable growth make it a good choice for both conservative and growth investors.
How do I invest in CPSE ETF?
Investing in the CPSE ETF is relatively straightforward. It can be bought and sold on the stock exchange, just like any other stock. Click Here . Investors can choose to invest through a brokerage account that offers access to ETFs.
Conclusion
The CPSE ETF is a strong investment for those wanting to profit from India’s growth. It offers the safety and dividends of government-owned firms. The CPSE ETF has a diverse portfolio and high dividend yields. So, it’s a good choice for new and seasoned investors.