MUTUAL FUNDS
Angel One Mutual Fund files offer document for Nifty Total Market ETF
Jan-21-2025
Angel One Mutual Fund has filed offer document with SEBI to launch an open-ended debt scheme named ‘Angel One Nifty Total Market ETF’. The New Fund Offer price would be Rs 10. Entry load and Exit load will be Nil. The Scheme does not offer any Plans/Options for investment and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked against Nifty Total Market TRI. The minimum application amount is Rs 1,000 per application and in multiples of Re 1 thereafter.

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.
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