List of Eligible Shares / Mutual Funds (MFs) & Exchange Traded Funds (ETFs) under Rajiv Gandhi Equity Saving Scheme (RGESS)
The investment options under the scheme will be limited to the following categories of equities?*:
Listed equity shares
a. The top 100 stocks at NSE and BSE i.e., CNX-100 / BSE -100 (This does not mean that one has to trade through NSE or BSE only. If the securities constituting BSE 100 or CNX 100 are listed and traded in any new stock exchange that may come up on a later day, the same will be eligible for RGESS.)
Download / ViewList of Top CNX-100 from the link given below :-
http://www.nseindia.com/products/content/equities/indices/cnx_100.htm
Download /view List of Top BSE-100 from the link given below :-
http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE100&sensid=100&type=SENS&graphpath=/applet/images/graf_appBSE100.gif
b. Stocks of public sector enterprises which are categorized by the Government as Maharatna, Navaratna and Miniratna
List of Maharatna, Navratna and Miniratna CPSEs (as on February, 2013)
Maharatna CPSEs- Bharat Heavy Electricals Limited
- Coal India Limited
- GAIL (India) Limited
- Indian Oil Corporation Limited
- NTPC Limited
- Oil & Natural Gas Corporation Limited
- Steel Authority of India Limited
- Bharat Electronics Limited
- Bharat Petroleum Corporation Limited
- Hindustan Aeronautics Limited
- Hindustan Petroleum Corporation Limited
- Mahanagar Telephone Nigam Limited
- National Aluminium Company Limited
- NMDC Limited
- Neyveli Lignite Corporation Limited
- Oil India Limited
- Power Finance Corporation Limited
- Power Grid Corporation of India Limited
- Rashtriya Ispat Nigam Limited
- Rural Electrification Corporation Limited
- Shipping Corporation of India Limited
- Airports Authority of India
- Antrix Corporation Limited
- Balmer Lawrie & Co. Limited
- Bharat Dynamics Limited
- BEML Limited
- Bharat Sanchar Nigam Limited
- Bridge & Roof Company (India) Limited
- Central Warehousing Corporation
- Central Coalfields Limited
- Chennai Petroleum Corporation Limited
- Cochin Shipyard Limited
- Container Corporation of India Limited
- Dredging Corporation of India Limited
- Engineers India Limited
- Ennore Port Limited
- Garden Reach Shipbuilders & Engineers Limited
- Goa Shipyard Limited
- Hindustan Copper Limited
- HLL Lifecare Limited
- Hindustan Newsprint Limited
- Hindustan Paper Corporation Limited
- Housing & Urban Development Corporation Limited
- India Tourism Development Corporation Limited
- Indian Railway Catering & Tourism Corporation Limited
- IRCON International Limited
- KIOCL Limited
- Mazagaon Dock Limited
- Mahanadi Coalfields Limited
- Manganese Ore (India) Limited
- Mangalore Refinery & Petrochemical Limited
- Mishra Dhatu Nigam Limited
- MMTC Limited
- MSTC Limited
- National Fertilizers Limited
- National Seeds Corporation Limited
- NHPC Limited
- Northern Coalfields Limited
- Numaligarh Refinery Limited
- ONGC Videsh Limited
- Pawan Hans Helicopters Limited
- Projects & Development India Limited
- Railtel Corporation of India Limited
- Rashtriya Chemicals & Fertilizers Limited
- RITES Limited
- SJVN Limited
- Security Printing and Minting Corporation of India Limited
- South Eastern Coalfields Limited
- State Trading Corporation of India Limited
- Telecommunications Consultants India Limited
- THDC India Limited
- Western Coalfields Limited
- WAPCOS Limited
- Bharat Pumps & Compressors Limited
- Broadcast Engineering Consultants (I) Limited
- Central Mine Planning & Design Institute Limited
- Ed.CIL (India) Limited
- Engineering Projects (India) Limited
- FCI Aravali Gypsum & Minerals India Limited
- Ferro Scrap Nigam Limited
- HMT (International) Limited
- HSCC (India) Limited
- India Trade Promotion Organisation
- Indian Medicines & Pharmaceuticals Corporation Limited
- M E C O N Limited
- National Film Development Corporation Limited
- National Small Industries Corporation Limited
- P E C Limited
- Rajasthan Electronics & Instruments Limited
c. Combinations of stocks in (a) and /or (b) which are listed and traded on a stock exchange and settled through a depository system (eg. Exchange Traded Funds (ETFs)or Mutual Fund (MF) schemes with RGESS eligible securities as mentioned in (a) and / or (b) as underlying, provided they are listed and traded on a stock exchange and settled through a depository mechanism)
Following are the RGESS compliant Mutual Fund schemes available for subscription :
RGESS COMPLIANT SCHEMES AVAILABLE FOR SUBSCRIPTION
Open Ended:
Name of the Mutual Fund | Name of the Scheme |
Birla Sunlife Mutual Fund | Birla Sun Life NIFTY ETF |
Goldman Sachs Mutual Fund | GS Junior BeES |
GS Bank BeES | |
GS S&P Shariah BeES | |
GS Nifty BeES | |
India Infoline Mutual Fund | IIFL Nifty ETF |
Kotak Mahindra Mutual Fund | Kotak Nifty ETF |
Kotak Sensex ETF | |
Motilal Oswal Mutual Fund | Motilal Oswal MOSt Shares M50 ETF |
Quantum Mutual Fund | Quantum Index Fund |
Religare Mutual Fund | Religare Nifty Exchange Traded Fund |
SBI Mutual Fund | SBI Sensex ETF |
Close Ended:
Name of the Mutual Fund | Name of the Scheme | Available for Subscription up to |
DSP BlackRock Mutual Fund | DSP BlackRock RGESS Fund | 08-Mar-13 |
IDBI Mutual Fund | IDBI Rajiv Gandhi Equity Savings scheme | 09-Mar-13 |
LIC Nomura Mutual Fund | LIC Nomura MF – RGESS Fund | 25-Feb-13 |
UTI Mutual Fund | UTI Rajiv Gandhi Equity Savings Scheme | 08-Mar-13 |
d. Follow-on Public Offers (FPOs) of (a) and (b)
e. New Fund Offers (NFOs) of (c) above
Unlisted equity shares
f. Initial Public Offers (IPOs) of PSUs, which are scheduled to get listed in the relevant financial year and where the government holding is at least 51% and whose annual turnover is not less than Rs. 4000 cr for each of the immediate past three years.
(*Investment criteria as applicable at the time of investment)
f. Initial Public Offers (IPOs) of PSUs, which are scheduled to get listed in the relevant financial year and where the government holding is at least 51% and whose annual turnover is not less than Rs. 4000 cr for each of the immediate past three years.
(*Investment criteria as applicable at the time of investment)
To give the benefit of diversification and consequent risk minimization, investments into Exchange Traded Funds (ETFs) or Mutual funds, set up as per the criteria laid down in the scheme, are also allowed under the Scheme.
Hey, thanks for this post. I am pleased with these details. Even we are going to make few personal financial planning decisions based on expert tips that we just had from a consultant. First of all we would list out our budget for 2019 and then will think how much portion of our incomes should be invested in long term plans.
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