*^Source: NSE Indices Limited, NSE, AMFI | Data as on October 15, 2025 | AMFI Classification as on September 30, 2025
*Constituents of Nifty Total Market Index (Market Coverage data as per NSE’s full market capitalisation)
The Nifty Total Market Momentum Quality 50 Index (Nifty Total Market MQ50 Index) is a multi-factor equity index designed to capture the performance of the top 50 companies that exhibit both strong price momentum and robust fundamental quality factors.
The index is drawn from the Nifty Total Market Index, which represents around 94%* of the total market capitalisation and covers 750 stocks across large-cap, mid-cap, small-cap, and micro-cap segments.
Stocks are screened and ranked based on 2 equally weighted factors, Momentum (50%) and Quality (50%). The Momentum score is derived from six-month and twelve-month momentum ratios, while the Quality score evaluates Return on Equity (ROE), Debt-to-Equity (D/E) ratio, and Earnings Per Share (EPS) growth variability over the past 5 financial years.
The final portfolio consists of the top 50 stocks with the highest combined momentum and quality scores. Each constituent is capped at 5% or five times its free-float market capitalisation weight, ensuring balanced diversification across companies and sectors.
The index is rebalanced semi-annually, in June and December, allowing it to adapt dynamically to changing market conditions while maintaining exposure to high-quality momentum leaders across market segments.
Source: NSE Indices Limited, MFI | TRI- Total Return Index
Past performance is not indicative of future returns and may or may not be sustained in future. Figures represent index performance and not that of the ETF scheme. Note: The data provided above is for illustrative purposes only and should not be construed as any kind of recommendation.
The Angel One Nifty Total Market Momentum Quality 50 ETF (AOTMMQ 50 ETF) is an open-ended exchange-traded fund that seeks to replicate the performance of the Nifty Total Market Momentum Quality 50 Index (Nifty Total Market MQ50 Index).
This ETF provides investors with exposure to 50 high-quality, high-momentum companies across the Indian market spectrum, from large-cap to micro-cap, using a transparent and rule-based approach.
The fund combines 2 key investment factors:
By blending these factors, the ETF aims to deliver long-term wealth creation potential through a diversified portfolio that balances growth momentum and financial stability.
The AOTMMQ 50 ETF offers a cost-efficient and disciplined way to invest in India’s top-performing companies while maintaining portfolio transparency. The scheme being passively managed offers investment at an expense ratio that is generally lower than actively managed schemes. Units of the scheme will be listed on the NSE within five working days from the date of allotment, providing liquidity and ease of trading for investors.
The scheme is managed by Mr. Mehul Dama and Mr. Kewal Shah of Angel One Asset Management Company Limited.
| NFO Period | November 03, 2025, to November 17, 2025 |
| Benchmark Index | Nifty Total Market Momentum Quality 50 TRI |
| Fund Managers | Mr. Mehul Dama & Mr. Kewal Shah |
| Listing | Units to be listed on NSE within 5 working days from the date of allotment |
| Load Structure | Entry Load: NA Exit Load: NIL |
| Minimum Application Amount (During NFO) | Minimum amount of ₹1,000 and in multiples of ₹1 thereafter |
| Minimum Application Amount (During Ongoing Offer Period) | Directly with the Mutual Fund: Create / Redeem in exchange of Portfolio Deposit and Cash component in Creation Unit Size of 2,50,000 units of the Scheme and in multiples thereafter On the Exchange: 1 (one) Unit and in multiples thereafter |
| Minimum Application Amount (Ongoing Offer Period) | On Exchange: 1 unit and in multiples thereafter Directly with Mutual Fund: Creation/Redemption in 2,50,000 units and in multiples thereof |
Please refer to the SID for other scheme features such as investment objective, asset allocation pattern, risk factors, etc., as attached below.
The product labelling assigned during the NFO is based on the internal assessment of the scheme characteristics or model portfolio and may vary post NFO when actual investments are made.
NSE Indices Ltd. Disclaimer: The Angel One Nifty Total Market Momentum Quality 50 ETF offered by Angel One Asset Management Company Limited or its affiliates is not sponsored, endorsed, sold or promoted by NSE INDICES LTD and its affiliates. NSE INDICES LTD and its affiliates do not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) to the owners of Angel One Nifty Total Market Momentum Quality 50 ETF or any member of the public regarding the advisability of investing in securities generally or in the Angel One Nifty Total Market Momentum Quality 50 ETF linked to Nifty Total Market Momentum Quality 50 Index or particularly in the ability of the Nifty Total Market Momentum Quality 50 Index to track general stock market performance in India. Please read the full Disclaimers in relation to the Nifty Total Market Momentum Quality 50 Index in the Scheme Information Document.
NSE Ltd. Disclaimer: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE’.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Documents
Published on: Oct 31, 2025, 7:00 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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