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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...

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