index fund is a noun meaning "a mutual fund whose assets are stocks on a given list". It carries 2 recorded senses.
a mutual fund whose assets are stocks on a given list
a mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
Definitions, synonyms and semantic relations for index fund come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.