ETF(exchange transfer fund)

35 shares of IOL 20 shares of HPCL 5 shares of reliance etc

1 ETF share

A security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. Many ETFs are based on an index making them exchange traded index funds. An index fund is a passively managed collection of stocks that represent a particular region, sector, or asset class.

Benchmark exchange traded scheme (BeES)

Gold BeES - The investment objective of Gold Benchmark Exchange
Traded Scheme (Gold BeES) is to provide returns that, before expenses, closely correspond to the returns provided by domestic price of gold through physical gold.

Liquid BeES - Liquid BeES is the first Liquid ETF in the world. The
investment objective of Liquid BeES is to enhance returns and minimize price risk by investing in a basket of call money, short-term government securities and money market instruments of short maturities while maintaining safety and liquidity.

Nifty BeES - Nifty BeES is Simple, Nifty BeES can be bought like a share
through any NSE terminal at prices available on the screen. The underlying portfolio of Nifty BeES very closely replicates that of the S&P CNX Nifty, Hence the Nifty BeES tracks the movement of S&P CNX Nifty.