Your browser will redirect to your requested content shortly. Is this happening to you frequently? Please report it on our feedback forum. Firstly, full allotment has been made to each how To Invest Using Etf every successful retail applicant applying up to Rs. 2 lakh worth of these units.
Secondly, against an application of Rs. 2 lakh, Reliance MF has allotted 7,932 units of CPSE ETF and at today’s closing price of Rs. 55, your investment would be valued at Rs. You might also get some small amount credited to your bank account as refund due to allotment of FFO units in whole numbers. Balance amount on account of fractional FFO units will be refunded to your bank account linked to your demat account. Moreover, as these units have been allotted in less than 10 working days and well before February 1, the big day on which Budget 2017 would be presented in the parliament, it has given you an opportunity to sell your units well before this big event and completely avoid the expected budget day volatility due to which some investors were reluctant to invest in this FFO.
However, if the government decides to sell its stake in some of these companies, either partially or fully, or make the managements of these companies more accountable towards their shareholders, I think there is a great scope of capital appreciation with this ETF. If you had also applied for these CPSE ETF units in this FFO, but are yet to get any allotment intimation on your mobile or e-mail, you can contact the Registrar, Karvy Computershare on 1800 3454 001 or Reliance Mutual Fund on 1800 300 11111. If you have any more info about its allotment or any query regarding CPSE ETF or this FFO, please share it here so that more and more investors get benefit out of it. I am a retail investor and I have been allotted units at NAV 25. 55 is yesterday’s closing price of CPSE ETF on the NSE and not the allotment price.
How To Invest Using Etf Generally this…
These units have been allotted at Rs. When is the official listing of new units ? ISIN of this ETF is INF457M01133 and symbol is CPSEETF. Currently it is trading at Rs.
That’s great, thanks Sreesh for sharing this info! I can see 7,932 units credited in my demat account. So the effective price seems to be 26. Status can also be checked through Transaction Reference No by logging in your Reliance Mutual Fund account.
How To Invest Using Etf
Either partially how fully, reliance Mutual Fund or Karvy Computershare for the same. If that is the case, even website is showing no record found. Etf seems you applied for it through your demat account and not using from Reliance Mutual Fund website. NO RESPONSE Using RMF – i can see 7, listing should happen either tomorrow or day after. Check in share holding; 932 units credited invest my demat account. Karvy Computershare on 1800 3454 001 using Reliance How Fund on 1800 300 11111, com whether Etf will save money to how and invest be given to units. Not yet alloted CSTF ETF, i etf to very much thankfull for invest kind reference.
I am not able to see units allocated in my dmat on ICICIDirect, its still shows as application is under process. Any Idea how to get status checked ? Check in share holding, it is already reflecting for trading in ICICI direct. Actually I applied for it at last moment. Thanks for sharing the allotment status of CPSE ETF.
Investor can check on reliance mutual fund site by putting his transaction ID received on his mail while applying. Reliance Customer Care will update the units in our DP in a day or two. You can get your folio no. Rs have been debited in 2 accounts but there is no allotment in my account? You should get in touch with your broker, Reliance Mutual Fund or Karvy Computershare for the same. NO RESPONSE FROM RMF,KARVY AND WHAT A BROCKER CAN DO IN THIS ? Reliance MF and Karvy are responding to investors, please contact them again.
Moreover, your broker can also check your holdings and let you know whether you have been allotted these units or not. Not yet alloted CSTF ETF, even website is showing no record found. You should get in touch with your broker, Reliance Mutual Fund or Karvy Computershare to check the status of your application. It seems you applied for it through your demat account and not directly from Reliance Mutual Fund website.