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    Question

    What does ETF stand for in Bharat Bond

    ETF?
    A Equity Type Fund Correct Answer Incorrect Answer
    B Equity Taxable Fund Correct Answer Incorrect Answer
    C Exchange Traded Fund Correct Answer Incorrect Answer
    D Exchange Trust Fund Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    ETF or an Exchange Traded Fund is a mutual fund that investors can buy or sell at the stock exchange. This is in contrast to a normal mutual fund unit that an investor buys or sells from the AMC (directly or through a distributor). An ETF is an open-ended mutual fund scheme with an objective to track and reflect the performance of its underlying index. Bharat Bond ETF is an exchange traded fund that has a defined maturity tenure and invests in bonds of public sector companies.

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