WHAT MAKES INDEX FUNDS AN ATTRACTIVE INVESTMENT VEHICLE IN ADVANCED ECONOMIES BUT LACKLUSTRE INVESTMENT IN EMERGING ECONOMIES?

The amount of money being poured into index funds is escalating at burgeoning rate in developed economies. As per analytical studies 40% of money in U.S stock funds is in index funds. One of the first index funds was launched in United States in 1975 by John Bogle to track S&P 500. It was initially…