Angel One is a prominent asset management company in India with various mutual funds, ETFs, and other investment solutions listed on the stock exchange for investment. The company even launched its own NFO allowing investors to take the benefit of early investment before such new fund offerings are listed on the stock market. Angel One Nifty Total Market Index Fund Direct Plan-Growth is one such offering that is available for subscription from 10th February to 21st February 2025. Offering investors a total market exposure, the total market index fund can serve as one of the best investments for risk-averse investors looking for diversified investment solutions.
Overview
Angel One AMC has launched a passive open index fund for investors offering them investment exposure over micro, small, mid, and even large cap stocks. The direct plan growth fund allows investors to start their investment with a small amount of ₹1000 with each unit priced at ₹10. Following are some notable features of the fund that Investors must be aware of:
- Low investment outlay requirement:
The passive fund requires a limited investment outlay helping investors to start their investment journey from ₹1000. With the initial units available at ₹10, Investors can invest in small amounts for the NFO subscription period. Moreover, with the SIP option, Investors can invest regularly.
- High risk category:
The fund has been categorized under the high-risk profile. Though generating sufficient returns, the fund and its constituent stocks are subject to market volatility. Proper precaution is essential before investment in the fund.
- No lock-in period:
Investment into Angel One AMC Nifty Total Market Index Fund Direct Plan Growth has no lock-in period allowing investors to opt for flexible investment. With hassle free investment, investors can easily sell their units for complete reimbursement.
- Tax implication:
Investment into the fund has a simple tax implication. The returns generated from investment into the Nifty Total Market Index Fund Direct Plan-Growth are included in the investor’s taxable income and taxed at their respective slab rate.
- Investment objective:
With a diversified investment portfolio, the Nifty Total Market Index Fund Direct Plan-Growth mirrors the Nifty total market index performance.
- No exit load:
The fund has no exit load helping investors to invest without worrying about extra charges or expenses.
- Past performance:
The CAGR of the past 1, 3, and 5 years is 12%, 14% and 18.5% respectively. With some margin of error, the Nifty Total Market Index Fund Direct Plan-Growth can get similar returns in the future.
- Investment sectors:
The fund involves investment in more than 750 stocks comprising small, micro, mid, and large cap funds. Varied investment sectors like healthcare, finance, FMCG, and automobile are included under the fund.
Conclusion
With the extensive features of the direct fund growth plan, Investors can start investing in the NFO for the best returns. With no lock-in period and flexible investment features, investors can have great benefits and significant returns. Potential investors however are advised to take proper precautions through analysis and research before investing in the Nifty Total Market Index Fund Direct Plan Growth.
