Are ETFs better than mutual funds for long-term wealth?

ETFs (Exchange Traded Funds) and mutual funds both help in long-term wealth creation, but they serve different investor needs. ETFs are passively managed, often tracking an index, and usually come with lower expense ratios. However, they require a Demat account and are bought/sold like stocks.
Mutual funds are professionally managed and more suitable for hands-off investors, with options like SIPs and automatic rebalancing. For long-term investors, mutual funds may offer simplicity & convenience, while ETFs offer cost-efficiency. Choosing between them depends on your investing style, cost sensitivity, and comfort with market timing.