Introduction: Why Angel One Nifty Total Market Index Fund is a Must-Watch NFO
Angel One Nifty Total Market Index Fund is an open-ended index fund replicating the Nifty Total Market Index. It offers long-term capital growth with diversified exposure across large, mid, small, and micro-cap total 750 stocks, making it ideal for passive investors seeking broad market coverage.
Key Information (NFO 2024, Best Index Funds India, Passive Investing):
- Scheme Type: Open-ended index fund
- Benchmark: Nifty Total Market TRI (Total Return Index)
- Investment Objective: Replicate the Nifty Total Market Index and deliver returns before expenses, subject to tracking errors.
- Fund Manager: Mr. Mehul Dama (19 years of experience in financial services and passive mutual funds)
- Plans Available: Regular and Direct (Growth Option only)
- NFO Price: Rs. 10 per unit
- Minimum Investment: Rs. 1,000 (lump sum)
- SIP Options: Daily (Rs. 250), Weekly (Rs. 500), Monthly (Rs. 1,000), Quarterly (Rs. 3,000)
- Exit Load: Nil
- Expense Ratio: Up to 1.00% annually (Direct Plan has a lower expense ratio)
Asset Allocation & Features (Keywords: Multi-Cap Fund, Nifty 500, Nifty Microcap):
- 95% to 100% in equities from Nifty Total Market Index
- Up to 5% in cash, cash equivalents, and money market instruments
- Exposure to 750 stocks from Nifty 500 and Nifty Microcap 250 indices
- Semi-annual index rebalancing (March and September)
- Low tracking error (target below 2% annually)
- No entry or exit load
Risk and Suitability:
- Risk Level: High (as per Riskometer)
- Suitable For: Long-term investors seeking diversified market exposure via a low-cost, passive investment strategy
How to Invest (SIP, STP, SWP, Angel One Mutual Fund):
- Through the Angel One Mutual Fund website or authorized acceptance points
- Investment options: SIP, STP, and SWP facilities
Summary:
Ready to invest? Explore more on Angel One’s official website.
The Angel One Nifty Total Market Index Fund offers an affordable, diversified investment opportunity. It is ideal for passive investors seeking long-term returns with broad market exposure through a single fund.
Disclaimer:
Investors should carefully read the Scheme Information Document (SID) before investing. Mutual fund investments are subject to market risks, including the possible loss of principal. Past performance does not guarantee future results. Consult with a financial advisor for investment suitability.
