In simple words, ETF is a basket of assets like an Index fund. But unlike mutual fund ETF can be traded as a common stock on the stock exchanges. Like any other stock prices of ETF keep on changing as it is traded has it is brought and sold throughout the day by the investors.
The below Info-Graph provides detail explanation of ETF:
Pic Courtesy – mint.com
ETFs are a useful and different source of investment. If they are clubbed with Mutual Fund benefits, they can definitely create wonders in your portfolio.
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