Hello fellow Traderjis,
I am new to the markets and am considering trading an index fund, specifically one that tracks the SENSEX. My primary reason for this is that, to start with, I believe that it'd be easier for me to keep on top of the movement of the index and the factors influencing it, than it'd be for me to watch and analyze individual stocks. I would have just picked an index fund and traded it through the fund manager's website, but I would also like the ability to short sell units of the fund, and this, as I understand, would not be possible through a fund manager. Are there online trading platforms/brokers that allow trading of mutual fund units and also short selling of the same? If so, could someone enlist a few for me? If such brokers don't exist would anyone have suggestions as to how I can proceed given my objectives?
Thank you in advance for your help.
Varun
I am new to the markets and am considering trading an index fund, specifically one that tracks the SENSEX. My primary reason for this is that, to start with, I believe that it'd be easier for me to keep on top of the movement of the index and the factors influencing it, than it'd be for me to watch and analyze individual stocks. I would have just picked an index fund and traded it through the fund manager's website, but I would also like the ability to short sell units of the fund, and this, as I understand, would not be possible through a fund manager. Are there online trading platforms/brokers that allow trading of mutual fund units and also short selling of the same? If so, could someone enlist a few for me? If such brokers don't exist would anyone have suggestions as to how I can proceed given my objectives?
Thank you in advance for your help.
Varun