Equity index funds are one of the best assets to invest for long term wealth creation for the following reasons:
1. Index funds are composed of the most Valuable Companies in India
2. Free from Fund Manager's Bias and Emotional Investment mistakes
3. Lower Expenses, 80% lower, resulting in Better Returns
4. Lower Risk due to Sectoral Diversification in Index
5. Consistent Outperformance by Active Funds is Challenging