Mutual funds and ETFs are bought and sold through different processes. Mutual funds are bought and sold only one time per day. When placing money into a mutual fund, you purchase at the net asset value of the fund based upon its price when the market closes. You buy and sell your shares directly with the fund manager, who then goes on to buy and sell the corresponding investments in the mutual fund.
Sep 29, 2011. So, in conclusion – as far as buying and holding of a gold ETF is concerned. I use ICICI direct. they charge a small brokerage per transaction. Purchase & Trade gold, bank, index and international exchange traded funds at ICICI Direct. Check out the advantages of trading on ICICI Directs simplified. Mar 28, 2014. Learn, How to invest in exchange traded fund using ICICIDIRECT portal. A step by step. You can buy Gold ETF from any of the exchanges.
However, for many investors, ETFs make investing simple with their combination of low costs, easy market access, and emphasis on index-tracking. Their capacity to deliver exposure to a variety of market segments in a direct way makes them valuable tools for accumulating long-term wealth with a balanced, diverse portfolio.