Exchange Traded Funds (ETF)

Exchange Traded Funds (ETF)

Exchange Traded Funds are essentially Index Funds that are listed and traded on exchanges like stocks. An ETF is a basket of stocks that reflects the composition of an Index, like S&P CNX Nifty or BSE Sensex. The ETFs trading value is based on the net asset value of the underlying stocks that it represents; meaning thereby, that it is a mutual fund that can be bought and sold in real-time at a price that changes throughout the day.

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