Everything You Need to Know About ETFs and Their Benefits
Exchange-Traded Funds (ETFs) have become a cornerstone in the portfolios of many investors around the globe, including India. Known for their efficiency, lower costs, and liquidity, ETFs offer a compelling blend of the positive traits of stocks and mutual funds. This comprehensive guide delves into what ETFs are, explores their significant benefits, and explains how tools like a daily compound interest calculator can enhance understanding of ETF investments' growth potential over time.
What is an ETF?
An ETF, or Exchange-Traded Fund, is a type of investment fund and exchange-traded product, i.e., they are traded on stock exchanges. ETFs hold assets such as stocks, commodities, or bonds and generally operate with an arbitrage mechanism designed to keep trading close to its net asset v...