What are mutual fund ETFs and how to invest in them?
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Last Updated: Apr 05, 2021, 06:30 AM IST
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Synopsis
ETFs typically track and replicate a particular market index just like index funds. It can be a stock market index such as a Nifty ETF or a commodity index such as a gold ETF or the bond market in the form of a Bond ETF. ETFs are launched by asset management companies just like other mutual fund schemes.
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An exchange traded fund or ETF is a fund that is listed and traded on the stock exchange. It is available for purchase from the fund house during the New Fund Offer (NFO) period. Post the NFO, the units of the fund are listed on the stock exchange for purchase and sale.