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Preetesh Ghatke
New to stock market.
Asked a question 8 months ago

What is ETF and how do they work?

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ETF - Exchange traded funds ( HDFC Sensex ETF)

ETF's are a bunch of stocks that reflect the design of an Index, just like the Nifty or BSE Sensex. It is measured based on the net asset value of the underlying stock that is represented. Think of it as a stock where you buy and sell in real-time at a price that changes through out the day.

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