Nifty ETF v/s Nifty Fund

#1
What are pros and cons on investing in Nifty ETF v/s Nifty Fund ? Which is better ? Does duration for investment is a factor in decision making ?

Why in India passive investment i.e index funds is less popular as compared to that in west (USA etc)?
 
#3
What are pros and cons on investing in Nifty ETF v/s Nifty Fund ?
Rather than worrying about ETF vs Fund, the more important things to worry about while investing in an Index Fund in India are

- Tracking Errors
A lot of index funds show major tracking errors in tracking the index - i.e. they are quite out of sync with the index for whatever reasons. For the Nifty index, I have found that the GS Benchmark Nifty Index Fund (which is an ETF) and the UTI Nifty Index fund (non-ETF) both have low tracking errors as compared to others.

- Expense ratios
One of the reasons to go for an index fund is to also save on costs - for e.g. Vangaurd in the US has expense ratios as low as 0.10% on it's index funds. Unfortunately, Indian Index funds have expense ratios as high 1% & even 1.5%. Again the 2 funds I mentioned earlier have decent (but not low expense ratios) - I think it's around 0.50%.


Because
1. Index (Nifty-50 Sensex-30)is not representative enough
CNX-500 is a broad index. But when I checked CNX-500 Index funds last (it's been a few years), they had ridiculous expense ratios, so I didn't go for them.
Nifty + Nifty Junior covers around 100 stocks - this is what I usually buy - equal monetary amounts of a Nifty fund & a Nifty Junior fund at the same time.

2. Market is not matured enough, so fund managers can beat index.
Is there any data how many funds which have beaten the index over long periods (like 10 years)?
 
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