First launched over 20 years ago, ETFs, or exchange-traded funds, altered the landscape of investing for retail investors.Launched on the NSE (National Stock Exchange) on January 8, 2002, the ETF witnessed trading of Rs 1.30 crore on its very first day, according to the data of the NSE. This novel financial instrument was proof that one does not have to be an expert analyst to be able to park money in different asset classes.
ETFs opened a large pool of opportunities for investors, where they could get exposure to a diversified portfolio at a low cost that could also be traded like equity.