What are Equity ETFs?

Equity ETFs are designed to invest in shares of companies. They track indices based on sectors or themes.

Common Equity ETFs are:

a. Broad market ETFs: ETFs that track Nifty 50, Sensex etc

b. Sectoral ETFs: ETFs that track sectoral indices like Bank Nifty, Nifty IT etc

c. Thematic ETFs: ETFs that track specific themes like Consumption, PSU etc

d. Factor/ Smart Beta ETFs: ETFs that track indices with, value, quality, momentum, low volatility etc