This surge reflects a dramatic rise in the number of ETF accounts, which have more than doubled from 5.33 lakh in 2017 to 1.25 crore in 2023, indicating growing comfort and understanding of ETFs among retail investors.
ETFs in India offer a basket of assets such as stocks, bonds, or commodities, trading on stock exchanges like individual stocks while providing mutual fund-like diversification. Various types of ETFs include Equity ETFs, which track stock market indexes like Nifty 50 or Sensex; Debt ETFs, which invest in government or corporate bonds; Gold ETFs, which follow gold prices; Global ETFs, which invest in international stocks or multiple country assets; and Smart Beta ETFs, which track alternative indexes based on factors like value or momentum.
Esta historia es de la edición June 25, 2024 de The Business Guardian.
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Esta historia es de la edición June 25, 2024 de The Business Guardian.
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