Your Money: Index funds – Made for turbulent times

As per the recent AMFI monthly report, mutual funds have now touched Rs 37.76 trillion mark in terms of Asset Under Management (AUM) and offer all almost all type of asset classes with a wide range of equity, debt, money market, hybrid, growth, income, index, liquid, tax-savings, capital protection, fixed maturity, pension, aggressive, etc., covering across all risk and return grades. However, with this huge diversity comes the complexity of decision making. In this context, let us discuss an interesting and often neglected fund, namely index funds and their nuances.

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