Angel One Nifty Total Market Index Fund Direct Growth

Angel One Nifty Total Market Index Fund Direct Growth is an equity fund. This fund was started on 28 February, 2025. The fund is managed by Mehul Dama. The fund could potentially beat inflation in the long-run.

1. Angel One Nifty Total Market Index Fund Direct Growth has ₹38 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

Angel One Nifty Total Market Index Fund Direct Growth has given a CAGR return of 19.16% since inception.

Angel One Nifty Total Market Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Infosys Ltd, Bharti Airtel Ltd

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to replicate Nifty Total Market Index with an aim to provide returns before expenses that track the total return of Nifty Total Market Index, subject to Tracking Errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Angel One Nifty Total Market Index Fund Direct Growth has no lock in period.