10.03.2014 - Do you know which ETF to buy?
Finding the best ETF is daunting especially when one is spoiled for choice. Take any sector and you'll find as many as 50 large-cap value ETFs - and hundreds of them across all parameters. Also, many large-cap value ETFs have significantly varied portfolios, raising radically-differing investment implications. So, what are ETFs exactly? And, how do you choose from so many? ETFs are a basket of stocks that reflect the composition of an index such as the S&P CNX Nifty or the BSE Sensex. They are essentially mutual-fund schemes or "index" funds, listed and traded, as are stocks, on the exchanges. They are priced continually and can be bought and sold throughout the trading day unlike mutual funds, the prices of which are based on the NAV (net asset value) at the end of a trading day...............................................Full Article: Source
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