Investment advisors said this ETF is suited for investors with higher risk appetite because, unlike a diversified equity fund, this product has 15 stocks with the top holdings being Tata Steel, Hindalco, JSW Steel, Adani Enterprises and Vedanta. Moreover, returns from sectoral indices tend to be lumpy. At the same time, it is less risky than holding individual stocks.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.