ETFs are simple, cost-effective: Why ETFs are a must in your portfolio - ETFs are gaining momentum

Exchange Traded Funds (ETFs) are slowly gaining momentum in the last few years in India. The AUM of these schemes (excluding gold ETFs) grew to Rs 6.44 trillion as on February 29, 2024 from Rs 2.73 trillion three years ago, according to the data released by Association of Mutual Funds in India. What are ETFs? What is the difference between ETFs and mutual funds? Should you have ETF in your portfolio? Read on to find out. ETFs are gaining momentum