ETFS • GUIDE

ETF Explained for Indian Investors

Understand ETF, NAV, i-NAV, market price, premium/discount, liquidity and tracking difference.

ETFs trade on exchanges while generally representing a basket of underlying assets.

NAV vs price

NAV reflects underlying portfolio value while exchange price is determined by trading and can differ temporarily.

i-NAV

Indicative NAV can provide an intraday reference for certain ETFs but is not an executable guarantee.

Before buying

Check spread, volume, fund size, expense ratio, tracking history and underlying exposure.

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