The Nifty CPSE (Central Public Sector Enterprises) Index is a thematic index on NSE comprising listed Central Public Sector Enterprises — government-owned companies operating across energy, power, mining, infrastructure, and financial services. Constructed to facilitate the Government of India's strategic disinvestment programme, the index is also the underlying for the CPSE ETF. For investors on Ventura Securities, the Nifty CPSE Index represents value-oriented, dividend-yielding exposure to government-backed businesses, often trading at discounts to private sector peers, while being sensitive to policy announcements, budget allocations, and disinvestment timelines.