ETFs (Exchange Traded Fund) are financial products that aim to produce returns equivalent to the underlying Index.
ETF can be based on Index tracking any asset class like a Equity, Fixed Income, Gold , Tri- Party Repo
The ETFs are traded around their indicative net asset value (iNAV) which is calculated in real-time.
Like any other stock, ETFs are listed, traded, and settled on the stock exchanges (BSE & NSE).
Due to passive management, ETFs often have low expense ratios. Expenses around 0.10 to 0.20%
ETFs are taxed in exactly the same manner as equity funds. Long Term Capital Gain are taxed at 10%.
ETFs can give investors exposure to different asset classes in accordance with the established methodology.
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