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.
India: Life market expected to grow by 15% in next 3-5 years
Read More
