The government has launched an exchange-traded fund of central public sector enterprises, to raise 3,000 crore rupees for its disinvestment plan. This is an open ended scheme, comprising of shares of 10 central PSEs including ONGC, GAIL India and COAL India. It tracks an index fund, but trades like a stock on the exchange. The new fund offer opened for subscription yesterday for anchor investors, or those investing above 10 crore rupees, and will open for non-anchor and retail investors today. The offer for non-anchor investors will close on the 21st of this month. The Cabinet Committee on Economic Affairs, CCEA had cleared the scheme last year.