No ETFs on Investment Page?


#1

Hi, Why do you not have ETFs listed in the Funds section of the Investment pages?
Thanks


#2

Hi Fargo,

We are yet to introduce Exchange Traded Funds (ETF) on our platform. As of now, you can invest in equity Mutual Funds, Equity Linked Savings Scheme (ELSS) or tax-saving Mutual Funds and Liquid Funds. Here’s what each category of funds is about.

Equity Mutual Funds invest the investors’ money in shareholdings of different companies. The profits or losses that result from an increase or decrease in the company’s share prices have an impact on the Mutual Fund’s performance.

Equity Linked Savings Schemes or ELSS funds are the best investment options out there if you’re looking to create long-term wealth while saving on taxes. Under Section 80C, these investments qualify for a tax rebate up to Rs. 1,50,000. This diversified equity fund is ideal for your long-term financial goals such as planning your retirement or buying a new home.

ELSS funds have a lock-in period of three years, although we would suggest investing for a longer duration or until you have enough to achieve your goal. Remember that these funds give you higher returns than any other tax-saving schemes out there such as tax-saving Fixed Deposits. Besides, you don’t have to invest a lump sum amount. You can invest in these funds through a Systematic Investment Plan (SIP).

Liquid Funds fall into the category of Mutual Funds that make investments in various money market instruments such as certificate of deposits, bonds, among others. The assets invested in by Liquid Funds have a lower maturity period, which is generally less than 91 days. This allows you to enjoy the liquidity of your investments. Most Liquid Funds have a minimum lock-in period of 3 days. You can receive your liquidated money in your bank account as quickly as 24 hours.

Want to invest in Mutual Funds? Click here.

Cheers,
BB Expert


#3

Thanks for the reply! can you offer any timelines as to when you plan to introduce ETFs?


#4

Hi Fargo,

As of now, there are no timelines to share. We will let you know as soon as we decide to launch ETFs on our platforms.

Want to invest in Mutual Funds? Click here.

Cheers,
BB Expert