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Global ETF attraction reaches India

Posted on 30 March 2011

Exchange-traded funds (ETFs), which have attracted a lot of investor attention globally, are also beginning to take off in India. An ETF is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities or bonds. Most ETFs track an index. They can be bought and sold through the trading day, like any stock.
In the past 14 months, the average assets under management (AAUM) in ETFs have almost doubled and the number of folios more than doubled……………………………………..Full Article: Source


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