When it comes to index funds, cheaper is not always better
SummaryIndex funds with a good track record and low tracking error are safe bets
Index funds are synonymous with low-cost. When ace investor Warren Buffett talked about them, he used the term “low-cost" when he mentioned index funds. Recently, Sachin Bansal-backed Navi Mutual Fund launched the Nifty 50 Index Fund. One key highlight of the fund is that it will charge 0.06% as the total expense ratio.