info about ETF (exchange traded funds)

Hello everyone,

I am a new investor and also a conservative one. My question is that why does only gold, banking sector and mixed sector ETF's are present on the NSE stock exchange ? What i anticipated was that there would be ETF for every sector like pharma, biotech, renewable energy, power etc etc.
do they dont exist or have i missed it. I could not find it on money control or NSE web page.
I would like to invest in a few beaten down sectors and was thus investigating about ETF's. Anykind of help would be appreciated.
Thanks.

Originally Posted by vmlxb6

Hello everyone,

I am a new investor and also a conservative one. My question is that why does only gold, banking sector and mixed sector ETF's are present on the NSE stock exchange ? What i anticipated was that there would be ETF for every sector like pharma, biotech, renewable energy, power etc etc.
do they dont exist or have i missed it. I could not find it on money control or NSE web page.
I would like to invest in a few beaten down sectors and was thus investigating about ETF's. Anykind of help would be appreciated.
Thanks.

Yes, I don't think we have ETF for specific sectors at this point. It may come-up in future ...

There are a lot of ETF's that replicate the banking sector and was wondering if it was a right time to get into the banking ETF's. Most of them have shown a steady growth rate over a period of few years and I am not sure if it is possible to wait for a big correction in the banking sector.
My question in a nut shell is for a long term investor, entering the ETF in the banking sector is a good time anytime or should I wait for a dip in the market before I buy.
I would like to invest in individual companies but lack the expertise thus I am following up on index funds.
Thanks.