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How can I play safe in capital market with initial investment of Rupees 30,000 ? In which stocks should I invest?
That's helpful, thank you. Can you explain more about exchange-traded funds and index funds?
Sure! Exchange-traded funds (ETFs) are a type of investment fund that can be traded on stock exchanges, much like individual stocks. They typically hold a portfolio of stocks, bonds or commodities, and are designed to provide investors with exposure to a wider range of assets in a single investment. Index funds are a type of ETF that track a particular stock market index, such as the Nifty 50 Index or the BSE Sensex, by investing in all the stocks that make up that index. This makes them a very low-cost way to gain broad exposure to the stock market.