News for CPSE ETF (CPSEETF.BO)

PSU mutual funds have seen a significant drop of around 18.81% over the past six months, primarily due to market corrections and global economic uncertainties. Experts suggest focusing on fundamentally strong PSUs with long-term growth prospects, while maintaining a diversified investment portfolio.

PSU-themed mutual funds have seen negative returns of up to 12% in the last three months, with six funds reporting losses. The Quant PSU Fund, launched in February 2024, saw the largest decline at 11.58%. Other funds like CPSE ETF, Aditya Birla SL, Invesco India PSU, and ICICI Pru PSU also posted significant losses during this period.

Experts suggest that investors should plan for 2025 with a 7-10 year investment horizon using a mix of flexicap, index, and international funds via SIP/STP. They should be prepared for volatility due to earnings slowdown and global events. A balanced approach including hybrid funds and multi-asset allocation is also recommended.

Dive into 2024's mutual fund trends—top-performing categories, standout funds, surprising comebacks, and the rise of passive investing. Find out which funds led the pack and which struggled.

Recent changes to EPF investment rules are welcome

EPFO diversifies investments into InVITs and REITs, introduces Amnesty Scheme for employers, and amends EPF interest computation.

PSU-themed mutual funds experienced losses of up to 17% over the past three months. Despite long-term gains, recent performance has been impacted by mean reversion. Experts advise investors to maintain their investment strategy if these funds align with their overall portfolio allocation.

October proved to be a challenging month for equity mutual funds, with all categories experiencing negative returns. The automotive sector suffered the most significant decline, while international funds fared comparatively better. Mid-cap and small-cap funds also witnessed losses, although less severe than their large-cap counterparts.

Equity mutual funds have delivered impressive returns over the past year, with every category averaging more than 20%. PSU theme-based funds led the pack, offering up to 93.73% returns. Infrastructure, pharma, mid-cap, and small-cap funds also performed well. However, international funds lagged behind with an average return of 23.62%.

In August, around 11 passive mutual funds lost over 2%, with defense, PSU banks, PSU stocks, and real estate being the hardest-hit sectors. Of approximately 319 passive funds, 42 reported negative returns. The Motilal Oswal Nifty India Defence Index Fund saw the largest loss at 7.88%, while PSU bank-focused ETFs, including Nippon India and Kotak Nifty PSU Bank ETFs, each lost 4.63%.

We considered all passive mutual funds in the market, regular and growth option schemes. We calculated returns offered by passive mutual fund schemes during the financial year 2023-24. Returns were calculated from April 1, 2023, to March 18, 2024.

The Sebi circular is not just a circular but a reform that the regulator has brought about for the ETFs, says Hemen Bhatia, head-ETF, Nippon Life India

Nifty 50 index is considered as stock of the nation, hence investors who are invested in an Nifty 50 ETF or an index fund can participate in India growth story in a low-cost manner

At Nippon MF, Jain had also been handling three other ETFs - Nippon India ETF Junior BeES tracking Nifty Next 50 Index, CPSE ETF tracking Nifty CPSE Index and Nippon India ETF Bank BeES representing Nifty Bank Index. He was also acting as Head – ETF for the fund house