Question
What does ETF stand for in Bharat Bond
ETF?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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