Feature Post

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
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Non-Resident External Rupee Account



-> Permitted Currency - Indian Currency

-> Deduction of Tax at Source - Fully Exempted

-> Eligible to Open Account

1. National Resident Indian (NRI) and Person of Indian Origin (PIO)

2. Students gone abroad for higher study and continuing to stay there

3. Indians who are on deputation in abroad by Central or State government or public sector undertakings or working with an international agencies on assignments with foreign govt, IMF, WHO or economical/ social council.

4. Crew members of Indian Nationality or Indian Origin employed in foreign airlines or shipping companies, who are based at foreign ports and reside abroad

5. Crew members of Indian Airlines or Shipping companies who are posted abroad for performing duties

NB - Person of Indian Nationality or origin resident in Nepal are eligible for NRE account only if the remittance for opening and funding the account are remitted in any of the permitted currency expect Indian and Nepalese Rupees.

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