An Etf is a mix of a mutual fund, index fund and a share.
Basically you give your money to a group of people or a company. They then issue shares which replicates an index or sector.
Example Nifty Etf (NIFTYBEES) replicates the NIFTY Index i.e if it increases by 0.5 % the share will also increase by around the same value, similar is seen when the index price falls.
Its an easier way to trade with the index like Nifty, Next 50 etc on the Stock Exchange.
My top 3 ETFs
❤️ Brainstash Inc.