Glossary Mutual Fund / Term
Exchange Traded Funds or ETFs is a marketable security which is traded in the stock market. It consists of a portfolio of stocks which is similar to the composition of market indices such as BSE Sensex, CNX Nifty, etc. The trading value of an ETF is dependent on the NAV (Net Asset Value) of its underlying stock. They were first launched in the year 2001 in India.
Permanent link ETFs - Creation date 2020-05-23