Does that equation fit?
An etf is actually a mutual fund?
I have been browising some websites to find out and I think it is actually true!
To substantiate, SBI GETS (gold etf) shows up on the SBI mutual funds website!
But I read in quite a few magazines and some papers that one needs to have a trading account in order to buy etfs. But since they are the same as mutual funds, can one also buy them the way we buy a mutual fund policy?
An etf is actually a mutual fund?
I have been browising some websites to find out and I think it is actually true!
To substantiate, SBI GETS (gold etf) shows up on the SBI mutual funds website!
But I read in quite a few magazines and some papers that one needs to have a trading account in order to buy etfs. But since they are the same as mutual funds, can one also buy them the way we buy a mutual fund policy?