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ETF (Exchange-Traded Fund)
An exchange-traded fund holds a basket of assets, often tracking an index, gold or silver, and its units trade on an exchange throughout the day at market prices. You need a demat account to buy one.
Why It Matters
ETFs combine the diversification of a fund with the flexibility of a share.
In India
Gold and silver ETFs let Indians invest in precious metals without worrying about purity or storage.
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