ETF (Exchange-Traded Fund)
💡 In plain English: Like an index fund but traded on the stock exchange during market hours, just like a regular share.
Definition
A basket of securities that tracks an index or asset, tradeable on the stock exchange throughout the day at market prices.
📌 Real-World Example
Nifty BeES (Nippon India ETF Nifty 50) trades on NSE. Buy it like a stock. It tracks Nifty 50. Expense ratio: ~0.05%.
Related Terms
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