Index funds’ AUM jumps over 3 times in a year. What’s driving the popularity?

With increasing investor awareness, investors have realised the ease and benefit of investing in an index fund. From an investor perspective, the time spent on researching before investing drastically reduces when investing in an index. Also, one gets access to a well-diversified portfolio. Today, a wide variety of index funds are available across market capitalisations and sectors. So, an investor can easily take care of equity allocation using index funds.