Investor interest in index funds is growing. The main reason for this is the changing return profile of large-cap funds. Most large-cap funds have failed miserably over the past year in the face of stiff competition. However, the majority among those that have gained in this category are index funds—either open-ended or the exchange traded funds (ETF).
The falling expense ratio of index funds have also made them attractive. The expense ratio of several regular plans of index funds are as ..