Index funds take top spot as fastest growing category in SIP AUM: Zerodha Fund House

Index funds have witnessed significant growth in SIP AUM and live SIP accounts over the past year. This is attributed to increasing investor awareness and accessibility. Individual investors account for over 60% of index fund AUM. Index funds' contribution to the mutual fund industry's folios has increased 12x in the past five years. This growth is expected to continue due to their simplicity, cost-effectiveness, and transparency.