September 22, 2022
mayank
CPSE Exchange Traded Fund
NAV Growth: Rs 37.6871
Suitable For Which Investors?
This is a fund that invests mainly in the shares of government-owned companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide returns that, before expenses, closely correspond to the total returns of the Securities as represented by the CPSE Index, by investing in the Securities which are constituents of the CPSE Index in the same proportion as in the index.
CPSE Exchange Traded Fund Manager:
1) Mehul Dama
Education: Mr. Dama has done C.A. & B.Com
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1 |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Nippon India Mutual Fund |
| Launch Date | 28-Mar-14 |
| Return Since Launch | 9.51% |
| Benchmark | NIFTY CPSE TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 19,167 Cr |
| (As on 31-Aug-2022) | |
| Expense Ratio | 0.05% |
| (As on 31-Jul-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 19.00% |
CPSE Exchange Traded Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| CPSE ETF | 26.82 | -0.91 | 4.8 | 14.98 | 14.04 | 34.24 | 16.76 | 5.94 | 8.91 | — |
| S&P BSE PSU TRI | 18.01 | -1.7 | 4.73 | 19.23 | 11.22 | 17.84 | 17.21 | 5.45 | 8.71 | — |
| Equity: Thematic-PSU | 19.8 | -1.24 | 5.26 | 19.78 | 13.11 | 18.94 | 17.45 | 6.1 | 9.72 | — |
| Rank within category | 1 | 2 | 3 | 4 | 2 | 1 | 2 | 2 | 2 | — |
| Number of funds in category | 4 | 5 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 |
CPSE Exchange Traded Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turn over (%) |
| CPSE ETF | Unrated | 34.24 | 16.76 | 5.94 | 0.05 | 19,167 | 9.51 | — | 8yrs 5mo | 19.00 |
| ABSL PSU Eqt Reg | Unrated | 15.32 | — | — | 2.30 | 897 | 18.57 | 1.00 (30) | 2yrs 8mo | 45.00 |
| SBI PSU Reg | Unrated | 15.80 | 15.22 | 3.37 | 2.49 | 463 | 3.22 | 0.50 (30) | 12yrs 2mo | 40.00 |
Portfolio Analysis
| No. of Stocks | 11 |
| Top 10 Stocks | 98.15% |
| Top 5 Stocks | 89.59% |
| Top 3 Sectors | 97.77% |
| Portfolio P/B Ratio | 1.29 |
| Portfolio P/E Ratio | 6.55 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,18,870 | 84,061 |
| Giant (%) | 19.40 | 15.53 |
| Large (%) | 71.41 | 58.41 |
| Mid (%) | 7.79 | 18.54 |
| Small (%) | 1.40 | 7.52 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance for CPSE Exchange Traded Fund
Do not invest in this, or any other PSU fund, if you need to redeem your investment in less than five years.
Apply Online: https://mf.nipponindiaim.com/
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