business nfo alert angel one mutual fund launches two nifty 50 based passive funds

Nfo Alert: Angel One Mutual Fund Launches Two Nifty 50-based Passive Funds

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Angel One Asset Management Company has introduced the Angel One Nifty 50 Index Fund and ETF, both tracking the Nifty 50 Index. These funds offer investors exposure to India's top 50 large-cap companies across key sectors. The NFOs offer several investor-friendly features, such as zero entry and exit loads, and a minimum investment amount of Rs 1,000, with additional investments allowed in multiples of Re 1.