Angel One Nifty 50 Index Fund Direct Growth

Equity
Large Cap
Very High Risk
Launch date05 May 2025
Allotment date22 May 2025
End date16 May 2025
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Mehul Dama
May 2025 - Present
View details

Education
Mr. Dama has done C.A. & B.Com
Experience
Prior to joining Angel OneFund, he has worked with Nippon India Mutual Fund, Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Also manages these schemes

Kewal Shah
May 2025 - Present
View details

Education
Mr. Shah has done PGDM (Finance)
Experience
Prior to joining Angel One Mutual Fund, he has worked with ICICI Pru Mutual Fund, Philip Capital (India) Private Ltd and JM Financial Services Ltd
Also manages these schemes

Fund house & investment objective

Rank (total assets)NA
Total AUMNA
Date of Incorporation04 May 2023

Angel One Nifty 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Angel One Mutual Fund. This scheme was made available to investors on 04 May 2023. Mehul Dama is the Current Fund Manager of Angel One Nifty 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of NA Cr and the Latest NAV as of 05 May 2025 is ₹10.00. The Angel One Nifty 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. ;

Investment Objective

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. ;

Fund benchmarkNIFTY 50 Total Return Index

Fund house contact details

Address
nullnull null null
Phone
NA
Launch Date
04 May 2023
E-mail
NA
Website
NA

Peer Comparison

Equity, Large Cap fundsRating1Y3YFund Size(Cr)
5
10.2%24.2%39,677.38
5
11.4%21.6%68,033.76
4
11.4%20.2%1,828.46
5
8.0%20.2%33,913.31
4
13.8%19.6%15,621.37
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