Geopolitical tensions and consequent correction in the stock market prompted many investors to park their money in Nifty BeEs, an exchange-traded fund (ETF) that mimics the S&P CNX Nifty Index. Introduced first in January 2002, this instrument is available on the National Stock Exchange (NSE) only and can be bought and sold just like shares through a Demat account. This means that the ETF units that you buy and sell would be in dematerialized format.
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