Mutual funds & ETF both offer Diversified investment.
There are four major differences between these two investment options.
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Mutual Funds (MFs) are handled by fund manager
ETF managed by the exchanges.
ETFs there is no exit charges
Mutual Fund has exit load
ETF expense ratio as low as 0.45%
Mutual Fund has a total expense ratio for upto 2%
ETFs are passively managed
Mutual Funds are managed
actively or passively