Funds
What is etf?
A fund you buy and sell on the stock market like a share.
Explained in more detail
ETF stands for exchange traded fund. It usually tracks an index and charges a very low yearly fee, but you need a demat account and you buy it at a live market price.
An example
For instanceBuying one unit of a Nifty 50 ETF gives you exposure to 50 large companies.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time etf appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.