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Understanding ETFs Uses, Returns and Comparison with Mutual Funds and Stocks

 Exchange-Traded Funds (ETFs) have gained popularity among investors for their unique features and benefits. In this blog, we'll explore the uses of ETFs, their potential returns, how they differ from mutual funds and stock investments, and their safety profile. What is an ETF? An ETF is a type of investment fund that trades on stock exchanges, much like individual stocks. It holds a collection of assets, such as stocks, bonds, or commodities, and aims to track the performance of a specific index, sector, or asset class. Uses of ETFs Diversification : ETFs allow investors to gain exposure to a wide range of assets without having to purchase each individually. For instance, an ETF tracking the S&P 500 gives you exposure to 500 different stocks, reducing the risk associated with individual stock investments. Cost Efficiency : ETFs often have lower expense ratios compared to mutual funds. They typically pass on lower management costs to investors since they are often passively man

BCSBI (THE BANKING CODES AND STANDARDS BOARD OF INDIA)

bcsbi


Important Facts About BCSBI -  


1. Registered in 2014 as a separate society under Society Registration Act, 1860

2. Registered Office - Mumbai

3. Open to all scheduled commercial banks on voluntary basis

4. Applicable to RRB also

5. Managed by Governing Council consisting of not more than 6 members (3 from RBI , 2 from Members Banks)

6. RBI extends financial support to meet its expenses although it is not a department of Reserve Bank of India

7. Rating Parameters of BCSBI -

- Customer Centricity

- Transparency

- Grievance Redressal

- Customer Feedback

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