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What are the advantages of investing in ETFs (SPIcE in this case)?

April 26, 2017advantages Case ETFs Investing spice

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What are the advantages of investing in ETFs (SPIcE in this case)?

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• Instant exposure to a well-diversified portfolio of 30 quality stocks forming part of SENSEX. • Real-time buying and selling of SPIcE units throughout the trading hours just like any other equity share. • Since once SPIcE unit will trade at 1/100th of SENSEX, the minimum investment for a retail investor will be as low as Rs. 33 (3300/100) • The price of each unit of SPIcE would move in tandem with the SENSEX, making the whole process extremely transparent. • No sales load for investor. Only normal brokerage charges apply. • Low expense ratio.