breaking news Why are ETFs a great investment tool?

If you want to make the most of your savings but are wondering how to go about it, this video is for you. So stop scrolling and watch this. CNBC-TV18 and Mirae Asset Mutual Fund present Wizards of Finance. In this series, we’ll help you make the right decisions and give you the right information about financial conditions and investment options. In this explanatory video, we will explain the concept of exchange-traded funds (ETFs).

An exchange-traded fund (ETF) is a type of tradable security that tracks the performance of an index, commodity, bond, or set of assets, similar to an index fund. Simply put, ETFs are investment funds that replicate the performance of specific indices, such as CNX Nifty or BSE Sensex, among others.