Feature
Real time trading and pricing during market hours
ETFs
Yes
Securities
Yes
Traditional Mutual Fund
No
Feature
Convenience of putting limit orders
ETFs
Yes
Securities
Yes
Traditional Mutual Fund
No
Feature
Ability to be traded real time on the Stock Exchange
ETFs
Yes
Securities
Yes
Traditional Mutual Fund
No
Feature
Arbitrage between Futures and Cash Market
ETFs
Yes
Securities
Yes
Traditional Mutual Fund
No
Feature
Diversification possible with a single unit
ETFs
Yes
Securities
No
Traditional Mutual Fund
Yes
Feature
Returns in sync with the market/ benchmark index
ETFs
Yes*
Securities
No
Traditional Mutual Fund
No
Feature
Chance to trade intraday (buy and sell the same day)
ETFs
Yes
Securities
Yes
Traditional Mutual Fund
No
Feature
Exit Load
ETFs
No
Securities
No
Traditional Mutual Fund
Yes
| Feature | ETFs | Securities | Traditional Mutual Fund |
|---|---|---|---|
| Real time trading and pricing during market hours | Yes | Yes | No |
| Convenience of putting limit orders | Yes | Yes | No |
| Ability to be traded real time on the Stock Exchange | Yes | Yes | No |
| Arbitrage between Futures and Cash Market | Yes | Yes | No |
| Diversification possible with a single unit | Yes | No | Yes |
| Returns in sync with the market/ benchmark index | Yes* | No | No |
| Chance to trade intraday (buy and sell the same day) | Yes | Yes | No |
| Exit Load | No | No | Yes |
*Returns are subject to Tracking Error