International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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EXCHANGE TRADED FUNDS

    1 Author(s):  PARUL YADAV

Vol -  5, Issue- 12 ,         Page(s) : 93 - 98  (2014 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

ABSTRACT Exchange-traded funds (ETFs) are hybrids of ordinary corporate stocks and open-ended mutual funds which invest in baskets of shares aiming at closely replicate the performance and risk levels of specific broad, sector and international equity, fixed income and commodity indexes. ETFs though new form of investment, in comparison to other instruments like open ended mutual funds, is gaining wide acceptance in the securities market. This paper aims to study about the emergence and application of ETFs in the emerging markets like India. It also compares ETFs with other investment opportunities and its benefits over them.

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