Is a mutual fund better than an ETF? And what is the tax treatment of an ETF?

Answer transcript: The tax treatment of an ETF is the same as that of a mutual fund if it is an equity ETF. This is not so if you are talking about a gold ETF or a fixed income ETF. All ETFs are mounted on an Index which means you have to make a choice - whether you want your money to be managed actively or whether you want to ride an index to generate as much return as an index. In India, the case for actively managed funds is very compelling. Over 5 or 10 years actively managed funds have delivered superior returns. There are a variety of reasons for this and we will go into them in a special session.

This article was originally published on March 06, 2017.