PSU theme-based mutual funds have shown impressive performance, offering an average return of 84.63% over the past year. The CPSE ETF led with a 106.52% return. However, returns have been lower in the last three months, averaging 0.76%. Investors should consider long-term horizons and sector knowledge before investing.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.