Economics · Economy
With reference to Exchange Traded Funds (ETFs), consider the following statements: I. ETFs replicate the performance of an underlying index such as Nifty or Sensex. II. ETFs are traded intraday on stock exchanges like equity shares. III. ETFs can be purchased in fractional units directly from the fund house similar to regular mutual fund schemes. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I and II only✓
- 2II and III only
- 3I and III only
- 4I, II and III
Correct answer
I and II only
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