Exchange Traded Funds or ETFs are securities that are traded, like individual stocks, on an exchange. Unlike regular open-end mutual funds, ETFs can be bought and sold throughout the trading day like any stock.
Most ETFs charge lower annual expenses than many mutual funds. As with stocks, one must pay a brokerage to buy and sell ETF units.
ICICI direct advantage
The benefits of choosing ICICI direct for your Mutual Fund investment are :
- Invest in a paperless manner
- No need to cut cheques
- Get instant confirmation
- Calculate capital gains at click of a button
- Check portfolio for realized and unrealized profit/loss
How to buy or trade in ETFs
You can buy and sell Gold, Index, Banking or International ETFs online through your ICICI direct account.
If you do not have an account with ICICI Direct, help us open your account and experience the world of online investing. Please click here for account opening.