Angel One AMC launches India’s first smart beta funds on Nifty Total Market Index
The launches mark India’s first Smart Beta funds based on the Nifty Total Market Index, offering investors diversified exposure across market capitalisations through a rule-based approach.
The New Fund Offers (NFOs) opened for subscription on November 3 and will close on November 17. Both schemes aim to replicate the performance of the Nifty Total Market Momentum Quality 50 Index, which includes 50 stocks selected from a universe of 750 companies spanning large-, mid-, small-, and micro-cap segments. Stock selection is based on combined momentum (price strength) and quality (company fundamentals) scores.
According to the fund house, the Smart Beta structure seeks to balance return potential and diversification through a transparent, cost-effective, and rules-based methodology. The schemes will undergo semi-annual rebalancing and carry no exit load.
Hemen Bhatia, Executive Director and CEO of Angel One AMC, said the new funds reflect the company’s commitment to broadening access to passive investing. “With these new launches, we continue our commitment to offering investors transparent and cost-effective ways to participate in the market,” he said. “The ETF and Index Fund are designed to deliver returns through a multi-factor, rule-based approach that supports long-term capital growth.”
During the NFO period, the minimum investment for the ETF is ₹1,000, while the Index Fund offers Systematic Investment Plan (SIP) options starting at ₹250 per day, ₹500 weekly or fortnightly, ₹1,000 monthly, and ₹3,000 quarterly.
Angel One AMC focuses exclusively on passive investment products such as index funds and exchange-traded funds (ETFs). The company aims to promote financial inclusion by extending access to passive mutual fund investing across India.
First Published: Nov 3, 2025 12:14 PM IST
