December 16, 2020
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8:03Now PlayingWhat are Index Funds? How do they work? What are the pros and cons of Index Funds? What are the risks of investing in Index Funds? On Investor’s Guide today, Deputy CEO of Anand Rathi, Feroze Azeez explains everything we need to know about Index Funds.
Index Funds are open-ended passively managed funds. They replicate a particular index. It invests in stocks in the same composition as an index and no active decision making is involved. There are total 37 index funds with an AUM of ₹ 13000 Crores and 15 schemes that track Nifty 50 index. Index Funds’ deviation is measured by tracking errors.
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