Updated Jan 20, 2021 | 13:26 IST
Index fund folios doubled in the last 13 months from 4.05 lakh in 2019 to 8.11 lakh in 2020 while assets under management (AUM) of these funds surged 95% to Rs 14,794 crore. Investors lap up index funds in 2020: here s list of most popular ETFs, index funds in market | Photo Credit: Thinkstock
New Delhi: Index funds are the most popular investment option in India after mutual funds. It emulates a particular market index which it tracks and is therefore passive in approach as opposed to active funds which are frequently adjusted and managed by fund managers.
Index funds have witnessed a surge in demand in the last 13 months, according to data from mutual fund industry body Association of Mutual Funds in India (Amfi).