Angel One MF introduces Nifty 50 ETF
Angel One Mutual Fund has launched Angel One Nifty 50 ETF, an open-ended scheme replicating/tracking Nifty 50 Index. The NFO opens for subscription on May 05, 2025 and closes on May 16, 2025. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000/- and in multiples of Re. 1/- thereafter.
The performance of the Scheme will be benchmarked at Nifty 50 TRI (Total Return Index) and its fund managers are Mehul Dama and Kewal Shah.
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.
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