Why ETFs are preferred by young investors

Manav is a young investor with Rs 50,000 to invest, taking his first step towards long-term wealth creation. He has been a keen student of financial markets and has some well-defined views on specific investments. He is optimistic about the Indian equity market and would like exposure to Indian companies as his core investment position. Apart from this, he would also like to take smaller positions to express two other views: bullish on gold and the US dollar, expecting both to move higher. He wants to use ETFs (Exchange Traded Funds) to take such exposures.

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