Exchange Traded Funds (ETFs)
Index, gold and silver funds that trade on the stock exchange like shares.
Updated 27 September 2026 · SEBI rules as of 2026Overview
ETFs are mutual fund schemes listed on NSE/BSE. You buy and sell units through a broker at market price during trading hours, which requires a demat account. Equity, debt (e.g. Bharat Bond), gold and silver ETFs are available.
| Particular | Details |
|---|---|
| Trading | Real-time on exchanges |
| Account | Demat + trading |
| Cost | Among the lowest expense ratios |
| Types | Equity index, sector, debt, gold, silver, international |
| Tax | Equity ETF: equity rules; gold/silver ETF: LTCG 12.5% after 12 months |
Pros and cons
| Pros | Cons |
|---|---|
| Low cost | Brokerage & bid-ask spread |
| Intraday liquidity | Can trade at premium/discount to iNAV |
| Transparent | Needs demat |
Frequently asked questions
What is iNAV?
Indicative NAV published during market hours to show the ETF’s fair value.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Information is educational and may change with SEBI / tax rules — verify with the AMC, AMFI or SEBI. FinancePortal is not an investment adviser.