What types of ETFs are available?
Curious about ETFs
There are many types of ETFs available to investors in India, including:
1. Equity ETFs: These ETFs invest in stocks listed on a particular exchange, sector, or index. Examples include the Nifty 50 ETF or the Bank Nifty ETF.
2. Debt ETFs: These ETFs invest in fixedincome securities such as bonds or treasury bills. Examples include the Bharat Bond ETF or the Liquid ETF.
3. Gold ETFs: These ETFs invest in physical gold or goldrelated securities. Examples include the Nippon India ETF Gold BeES or the UTI Gold ETF.
4. International ETFs: These ETFs invest in international securities, such as the S&P 500 or the MSCI World Index.
5. Commodity ETFs: These ETFs invest in commodities such as oil, gas, or agriculture. Examples include the Reliance ETF Crude Oil or the Kotak Commodity ETF.
6. Sector ETFs: These ETFs invest in specific sectors of the economy, such as technology, healthcare, or energy. Examples include the Nippon India ETF IT or the ICICI Prudential Banking and Financial Services ETF.
7. Smart Beta ETFs: These ETFs use a rulesbased approach to invest in stocks that meet certain criteria, such as low volatility or high dividends. Examples include the SBI ETF Quality or the ICICI Prudential Alpha Low Vol 30 ETF.
These are just a few examples, and there are many other types of ETFs available as well. Investors can choose the type of ETF that best fits their investment goals and risk tolerance.