What is an Exchange Traded Fund (ETF)?
Exchange Traded Funds (ETF) are essentially mutual fund schemes or index funds. Units of these schemes are listed and traded on the stock exchanges like shares, and held in your demat account. The different types of ETFs include Gold, Liquid, Equity, International.
Advantages:
- ETFs are continually priced and can be bought and sold throughout the trading day.
- Like trading in stocks, buying and selling ETFs is extremely simple, allowing investors to take advantage of intraday movements.
- Investors can take exposure to an entire index with a low investment amount.
ETFs can be bought and sold through our trading platforms: SELFIE / FLIP and TraderX
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