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Index Funds vs. Mutual Funds? Which One Is Better?

I read somewhere that Index Funds have more potential than Mutual Funds - SIP. Index funds as name suggest - invest in an index.  Warren Buffett won $1 million using Index funds.

[For more Reference - https://www.forbes.com/sites/johnwasik/2018/01/08/how-buffett-won-his-1-million-bet/#7ccd75292a6c ]

So my question is what exactly are major differences between Mutual Funds And  Index Funds ?

Could anyone flash some light on Index Fund vs Mutual Funds?

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