Angel One AMC Announces the Launch of Angel One Nifty 50 Index Fund and Angel One Nifty 50 ETF
Mumbai: Angel One Asset Management Company Ltd, a wholly owned subsidiary of Angel One Limited, launches two new passive funds – Angel One Nifty 50 Index Fund and Angel One Nifty 50 ETF. The New Fund Offerings (NFOs) will be open for subscription from May 5, 2025 to May 16, 2025.
Both funds are designed to track the Nifty 50 Index, offering unit holders an exposure to India’s top 50 large-cap companies across 15 key sectors, namely Telecom, Oil & Gas, Financial Services, Healthcare and Automobile, among others. With a focus on simplicity, stability and cost efficiency, these funds provide an excellent opportunity to participate in India’s growth story. These schemes aim to replicate the Index performance by providing returns, before expenses, that closely mirror total return of the Index.
Mr. Hemen Bhatia, Executive Director & CEO, Angel One Asset Management Company Limited said, “There are various ways to participate in large cap equities by directly investing in stocks or through the mutual fund route, via active or passive schemes. If an investor wants to take exposure to large cap segment, then investing in an Index Fund or ETF tracking Nifty 50 Index is a logical choice as it eliminates non-systemic risks such as stock selection and human discretion.“
NFO Features:
The aforesaid NFOs come with several investor-friendly features, including zero entry or exit load and a minimum application amount of ₹1,000, with investments allowed in multiples of ₹1 thereafter. By tracking the Nifty 50 Index, both the funds eliminate the need for stock picking and active fund manager selection, offering investors exposure to India’s blue-chip companies forming part of the index.
Units of the Angel One Nifty 50 ETF will be listed on the National Stock Exchange (NSE), providing easy liquidity and the convenience of trading like any other stock.
The Angel One Nifty 50 Index Fund offers flexible SIP options, where investors can invest using daily, weekly, fortnightly, monthly and quarterly SIP frequencies starting from ₹250, ₹500, ₹500, ₹1000 and ₹3000 respectively. This wide range of options ensures accessibility for investors with varying financial goals and commitments.
These new offerings reflect Angel One Mutual Fund’s commitment to provide various passive building blocks for portfolio construction, enabling investors to participate in wealth creation through one of India’s most trusted index. With a focus on innovation, transparency and investor centric solutions, Angel One Mutual Fund continues to redefine passive investing, making it a cornerstone of modern financial planning.