Angel One Nifty Total Market Momentum Quality 50 Index Fund - Reg (G)

The Scheme will be a passively managed index fund which will follow an investment approach designed to track the performance of Nifty Total Market Momentum Quality 50 TRI. The Scheme seeks to achieve this goal by investing in securities constituting the Nifty Total Market Momentum Quality 50 Index in the same proportion as in the Index. The AMC does not make any judgement about the investment merit of the individual security constituting the Nifty Total Market Momentum Quality 50 Index nor will it attempt to apply any economic, financial or market analysis. Indexing eliminates active management risks with regard to over/ underperformance vis-�-vis a benchmark. This would be done by investing in all the stocks comprising the Nifty Total Market Momentum Quality 50 Index in approximately the same weight age that they represent in Nifty Total Market Momentum Quality 50 Index. The Scheme will invest at least 95% of its total assets in the securities comprising the Underlying Index. The Scheme may also invest in Money Market Instruments to meet the liquidity and expense requirements. The Scheme shall follow a passive investment strategy. The performance of the Scheme may not be commensurate with the performance of the benchmark of the Scheme on any given day or over any given period. Such variation is commonly referred to as the Tracking Error. The investment strategy would revolve around reducing the Tracking Error to the least possible through regular rebalancing of the portfolio, taking into account the change in weights of the securities in the index as well as the incremental Subscriptions/Redemptions from the Scheme. The Scheme intends to use Derivatives for purposes that may be permitted by the SEBI MF Regulations from time to time. Derivatives instruments may take the form of Futures, Options or any other instrument, as may be permitted from time to time. For detailed Derivative strategies, please refer to SAI. Procedure and recording of investment decisions and risk control All investment decisions relating to the Scheme will be undertaken by the AMC in accordance with the Regulations and the investment objectives specified in this Scheme Information Document. All investment decisions taken by the AMC along with justification in relation to the Scheme shall be recorded. The designated fund manager of the Scheme will be responsible for taking the day-to-day investment decisions and will inter alia be responsible for asset allocation, security selection and timing of investment decisions. The Scheme may invest in other schemes managed by the AMC or in the schemes of any other mutual fund, provided it is in conformity to the investment objectives of the Scheme and in terms of the prevailing Regulations. No investment management fees will be charged for such investments and the aggregate inter-scheme investment made by all schemes of the Mutual Fund or in the schemes under the management of other asset management companies shall not exceed 5% of the Net Asset Value of the Mutual Fund.