Mutual index fund and exchange traded funds: a comparative study
International Journal of Development Research
Mutual index fund and exchange traded funds: a comparative study
Received 12th January, 2018, Received in revised form, 19th February, 2018, Accepted 26th March, 2018, Published online 30th April, 2018
Copyright © 2018, Pooja Srivastava and Dr. Aftab Alam. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
This research paper compares the performance of two competitive financial instrument available to indian investors namely ETFs and Index fund, with the perspective different parameters like return, performance effectiveness, expense ratio, tracting ability etc and investment behaviour of investor. This analysis demonstrate better performance of ETFs in terms of their expense ratio and performance effectiveness over long term investment horizon. To the best of our knowledge, there has been no previous published research study which empirically compares the performance of ETFs and index funds in India, and this is the first attempt in this direction.
