What is Exchange Traded Fund and how they different from MFs

An exchange-traded fund (ETF) is a combination of share and mutual fund. Like a mutual fund in ETF money is pooled from different investors and invested in stocks comprising an index and traded on exchange like a stock. Most of the ETFs are passively managed and closely track an index. Hence they are passively managed, … Continue reading What is Exchange Traded Fund and how they different from MFs