I was going through the article - Warren Buffett wins $1M bet made a decade ago that the S&P 500 stock index would outperform hedge funds
The name Vanguard is pretty popular even among non US citizens regarding their low cost fees and index funds.
I wanted to know whether India also has a company similar to Vanguard which offers low cost index funds.
Also, when they mean SP500 fund - it means that fund which invests in the top 500 companies in the SP Index, is my understanding correct?
Edit: It might be against the rules to recommend products or service, so in that case how do I find out myself? What are the steps to figuring out the equivalent fund?