Angel One AMC Launches India's First Smart Beta Nifty Total Market Funds



Angel One AMC Launches India's First Smart Beta Nifty Total Market Funds
  • Angel One introduces India’s first Smart Beta schemes on the Nifty Total Market Index.
  • Offers diversified, rule-based exposure through ETF and Index Fund.
  • NFO open for subscription till November 17.

Angel One Asset Management Company (AMC) has launched India’s first Smart Beta schemes based on the Nifty Total Market Index, introducing the Angel One Nifty Total Market Momentum Quality 50 ETF and the Angel One Nifty Total Market Momentum Quality 50 Index Fund. Both new fund offers (NFOs) are open for subscription until November 17.

These schemes are designed to track the Nifty Total Market Momentum Quality 50 Index, which includes the top 50 companies selected from a pool of 750 firms spanning large, mid, small, and micro-cap segments. The selection is based on two key factors, momentum (price performance) and quality (financial fundamentals), offering investors a diversified, transparent, and rule-based investment approach.

Hemen Bhatia, Executive Director and CEO of Angel One AMC, said the launch reinforces the company’s focus on providing cost-effective and transparent investment solutions for long-term wealth creation. “These funds aim to deliver consistent returns through a multi-factor strategy that combines momentum and quality”, he added.

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The ETF and Index Fund will rebalance semi-annually and carry no exit load. The minimum investment for the ETF is Rs 1,000, while the Index Fund allows flexible SIP options starting at Rs 250 per day, Rs 500 weekly or fortnightly, Rs 1,000 monthly, and Rs 3,000 quarterly.

With this launch, Angel One AMC aims to strengthen its presence in the passive investment segment by offering investors access to broad-based market exposure through an intelligent Smart Beta framework.