General
How are ETFs different from Stocks and Mutual Funds?
ETFs are a collection of assets and trade on the stock exchanges. They have the characteristics of both stocks and mutual funds.
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Stocks
ETFs
Mutual Funds
Ownership
Single company
Basket of assets
Basket of assets
Trading
Real-Time (during market hours)
Real-Time (during market hours)
End of the day
Management
Self-directed
Mostly passively managed by AMC
Both passive and active
Investment Type
Individual
Pooled-Investment
Pooled-Investment
Did You Know?
There is no Securities Transaction Tax (STT) charged on GOLD, LIQUID, Gilt(ETFs for G-Sec) and some International ETFs.