Index Funds – Index Mutual Funds – Meaning, Types & Performance

• Created March 26, 2021
• Author Deepika Khude
• Reading Time: 7 minutes

The first index fund in India was launched in 1999. In the same decade, world’s first index fund, Vanguard 500 Index fund reached an Assets Under Management (AUM) of $1 Billion Dollars! It’s been 22 years since and Indian index fund AUM stands at a disappointing Rs 16,867 crores! While the AUM...