Dampening the index fund craze

Recently, two index funds by SBI, the SBI Nifty 50 ETF and the SBI S&P BSE Sensex ETF, have gained massive popularity and accumulated impressive AUM (assets under management). The primary reason behind the significant growth in their AUMs of Rs 1.5 lakh crore, and approximately Rs 1 lakh crore, respectively, is the influx of the Employees' Provident Fund Organisation (EPFO) inflows. The popularity of index funds Historically, the surge in popularity of index funds can be traced back to the influence of investment luminaries, John Bogle and Warren Buffett. They praised these funds' simplicity, efficiency, and low cost, albeit with some riders. This sentiment was echoed by t