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News Angel One Mutual Fund launches Angel One Nifty 50 Index Fund
May 5, 2025
Mutual Fund
Angel One Mutual Fund launches Angel One Nifty 50 Index Fund
NFO period: 05th May - 16th May, 2025
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating/tracking Nifty 50 Index.
- Investment objective - The investment objective of the Scheme is to replicate Nifty 50 Index with an aim to provide returns before expenses that track the total return of Nifty 50 Index, subject to Tracking Errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking long term capital growth. Investment in equity and equity related securities constituting Nifty 50 Index.
- Minimum Application Amount - Rs. 1000/- and in multiples of Re. 1/- thereafter.
- Plan/ Options available - Regular plan & Direct plan having Growth Option.
- Fund Managers - Mr. Mehul Dama & Mr. Kewal Shah
- Benchmark - Nifty 50 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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