Try expanding a cluster, or changing erasure coding configuration, or using anything that needs random access within a file (parquet), or any day 2 operation.
They might have added an index by now but gatekept it to their enterprise AIStor offering since they’ve abandoned any investment in open source at this point or appearance that they care about that. Their initial inclination in response to this issue says everything - https://github.com/minio/minio/issues/20845#issuecomment-259...
MinIO is a good fit if you want a small cluster that doesn't require day 2 operational complexity, as you only store a few TBs.
I have not looked into them recently, but I doubt the core has changed. Being VC-funded and looking for an exit makes them overinvest in marketing and story telling.