The funds will be managed using a smart beta structure aiming to optimise returns and diversification by relying on a rules-based methodology.

India-based Angel One Asset Management Company has launched two smart beta passive schemes: the Angel One Nifty Total Market Momentum Quality 50 ETF and the Angel One Nifty Total Market Momentum Quality 50 Index Fund. The ETF and Index fund will use a multi-factor, rule-based approach  The new fund offer (NFO) is running from 3 November 2025 to 17 November 2025. The products will track the Nifty Total Market Index, offering exposure to 50 stocks from 750 companies across large, mid, sm