Question: is cpse etf tax free?
Answer: Under Equity Linked Savings Schemes, or ELSS, investments of up to Rs 1.5 lakh every year is tax exempt. ... CPSE ETF new fund offer (NFO) was launched in March 2014 and the government has so far sold stake in the 10 companies in the basket in five tranches, thereby raising Rs 38,500 crore.