November 1, 2025
RA Jainee
Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct-Growth
Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct-Growth snapshot
| NFO opens on | 03 November 2025 |
| NFO Closes on | 17 November 2025 |
| Min. Investment | Rs. 1000 |
| Plans | Growth |
| Sahifund Verdict | “Smart-beta fund blending quality & momentum — good for high-risk, long-term investors.” |
⏱️ Last Update: 06 November 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct-Growth Open Date, Close Date?
NFO opens on November 03, 2025
NFO will close on November 17, 2025
Investment Strategy for this NFO?
The scheme seeks to replicate Nifty Total Market Momentum Quality 50 Index with an aim to provide returns before expenses, that track the total return of Nifty Total Market Momentum Quality 50 Index, subject to tracking errors.
Basic Details
| Fund House | Angel One Mutual Fund |
| Issue Open | 03 November 2025 |
| Issue Close | 17 November 2025 |
| Type | Open-ended |
| Category | Equity: Flexi Cap |
| Min. Investment(₹) | 1,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | Nifty Total Market Momentum Quality 50 TRI |
About Benchmark Index for this NFO?
The Nifty Total Market Momentum Quality 50 Index aims to track the performance of a 50-stock portfolio selected based on a combination of momentum and quality factors from the Nifty Total Market. The weight of each stock in the index is based on a combination of its composite factor score and free-float market capitalization
Nifty Total Market Momentum Quality 50 can be used for a variety of purposes such as benchmarking fund portfolios, launching of
index funds, ETFs and structured products.
Index Variant: Nifty Total Market Momentum Quality 50 Total Returns Index.
Portfolio Characteristics
| Methodology | Tilt Weighted |
| No. of Constituents | 50 |
| Launch Date | August 06, 2025 |
| Base Date | April 01, 2005 |
| Base Value | 1000 |
| Calculation Frequency | End of Day |
| Index Rebalancing | Semi-Annually |
Fund Managers of Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct-Growth
1) Kewal Shah
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
2) Mehul Dama
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.
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of Nifty Total Market Momentum Quality 50 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 2.84 | -3.91 | -5.39 | 22.52 | 20.11 |
| Total Return | 2.86 | -3.40 | -4.78 | 23.52 | 21.54 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 19.62 | 18.21 | 19.37 |
| Beta (NIFTY 50) | 1.15 | 0.95 | 0.78 |
| Correlation (NIFTY 50) | 0.74 | 0.74 | 0.84 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 43.35 | 8.88 | 0.76 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Maruti Suzuki India Ltd. | 6.57 |
| Eicher Motors Ltd. | 6.35 |
| Bharat Electronics Ltd. | 5.27 |
| Divi’s Laboratories Ltd. | 5.19 |
| Persistent Systems Ltd. | 5.05 |
| Hindustan Aeronautics Ltd. | 4.90 |
| Coforge Ltd. | 4.80 |
| Suzlon Energy Ltd. | 4.52 |
| Coromandel International Ltd. | 4.36 |
| Marico Ltd. | 4.23 |
Past Performance of Kewal Shah
| Fund | Angel One Nifty Total Market ETF | It’s Benchmark | Angel One Nifty Total Market Index Fund | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 1-11-2025
Past Performance of Mehul Dama
| Fund | Angel One Nifty 1D Rate Liquid ETF – Growth | It’s Benchmark | Angel One Nifty 50 ETF | It’s Benchmark |
| 1 Year | — | — | — | — |
| 3 Year | — | — | — | — |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 1-11-2025
[B] Review of Fund Managers
Kewal Shah
-
Background: Mr. Shah has done PGDM (Finance), 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
Mehul Dama
-
Background: Mr. Dama has done C.A. & B.Com, 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.
🧾 SahiFund NFO Verdict — Angel One Nifty Total Market Momentum Quality 50 Index Fund (Direct-Growth)
The Angel One Nifty Total Market Momentum Quality 50 Index Fund tracks a unique factor-based benchmark that combines momentum and quality filters from across the total market universe. This hybrid style aims to capture outperforming companies with consistent profitability and strong price trends. The benchmark’s 5-year and since-inception returns (~23.5% and 21.5%) indicate robust long-term potential, although the recent 1-year decline (-4.8%) reflects short-term volatility amid market rotations.
With a high P/E (43.3) and elevated Beta (1.15), the index remains sensitive to market corrections, yet the future trend is positive as leadership shifts back toward quality and growth names in a maturing bull market. Fund managers Kewal Shah and Mehul Dama bring solid passive fund management experience from reputed fund houses, which should ensure efficient tracking.
This NFO suits aggressive, long-term investors (5+ years) who are comfortable with smart-beta strategies and wish to diversify beyond traditional large- or mid-cap index funds.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct-Growth NFO?
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