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Tuesday, January 29, 2013

Eligible stocks for Rajiv Gandhi Equity Scheme


Eligible securities: Eligible securities will include equity shares falling in the list of equity declared as “CNX-100” (by NSE) or “BSE-100” (by BSE); equity shares of public sector enterprises that are categorized as Maharatna, Navaratna or Miniratna by the Central Government.Also, units of  exchange-traded funds (ETFs) or mutual fund schemes with RGESS-eligible securities as underlying will be counted as eligible securities for investment. 

Follow-on public offer of BSE-100 or CNX-100 and certain public sector enterprises, besides new fund offers of mutual funds, will also qualify as eligible securities.

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