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
Navratna CPSEs
Miniratna Category – I CPSEs
Miniratna Category-II CPSEs
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 toDSP BlackRock Mutual FundDSP BlackRock RGESS Fund08-Mar-13 IDBI Mutual FundIDBI Rajiv Gandhi Equity Savings scheme09-Mar-13 LIC Nomura Mutual FundLIC Nomura MF – RGESS Fund25-Feb-13 UTI Mutual FundUTI Rajiv Gandhi Equity Savings Scheme08-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)
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.
in 2016 i have invested in cpse etf under rgess now in 2017 i have invested in bharat 22 etf can i get the rebate under 80ccg for fy2017 18
I have an query.I have opened my Demat A/c on last october-2013 & so far invested in the following MFs via SIP
1. ICICI Pru Focussed Bluechip-Direct
2.UTI Oppourtunities-Direct
3. SBI Pharma-Direct
4.IDFC Dynamic Bond fund_Direct
5.ICICI Pru Discovery Fund
6.ICICI Balanced Adv Fund
So far I have invested 30k in the above mentioned MFs & extra Rs 8600/ in SBI Gold ETS via SEP manner.My annual income is below 10lac & also I am a first time investor.
Am I eligible to avail 50% tax exemption over my total invested amount 38.6k under 80 CCG & are my MFs RGESS Compliant ??
I have also invested in Tax free bonds of HUDCO,PFC,IREA,IIFCL.Are come under point (f)i.e IPO of PSUs??
Will be grateful to receive ur reply.
You have been traded in stock market and even you used to demat account and u want to invest in rgess ,but , in rgess if u want to tax benefits , then you should be first time investor and you should have not been traded in stock market with your demat aacount
that means before investing in rgess scheme your demat account should not have been use or not created your demat account , as per my information , THANK YOU