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
This is on the higher side, with only about 20 per cent traders being consistently in the black.
This low rate of success in trading is due to many factors, knowing about which can help a trader avoid certain pitfalls.
❤️ Brainstash Inc.