CPSE ETF full form is Central Public Sector Enterprises (CPSE) and they are government owned and operated companies. CPSE ETF functions as regular exchange traded funds and consists of a basket of major government-owned companies which replicates and tracks the Nifty CPSE Index. Investors buy units of CPSE ETF similar to equities and their investment is spread across CPSE in the basket in accordance with their weightage in the Nifty CPSE index.
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