Want Full Market Exposure? Here’s a List of Nifty Total Market Index Funds in India

The Nifty Total Market Index Funds offer investors a broad-based approach to the Indian stock market by tracking the Nifty Total Market Index, which represents 750 stocks across large-cap, mid-cap, small-cap, and microcap segments through a single index. This index includes all stocks from the Nifty 500 Index and the Nifty Microcap 250 Index, with each stock’s weight determined by its free-float market capitalisation.

These funds provide a diversified investment option, capturing the overall performance of the Indian equity market in a single portfolio. In this article, check the active Nifty Total Market Index Funds.

Nifty Total Market Index Funds in India

Note: The Nifty Total Market Index Funds listed here are as of February 14, 2025. The funds are sorted based on their AUM.

Overview of Nifty Total Market Index Funds

1. Bandhan Nifty Total Market Index Fund

Bandhan Nifty Total Market Index Fund was launched by Bandhan Mutual Fund on July 10, 2024. The Bandhan Nifty Total Market Index Fund allocates a minimum of 95% of its corpus to stocks and index derivatives from the Nifty Total Market Index, while up to 5% may be invested in debt and money market instruments.

The minimum investment in this fund is ₹1,000 and SIP is ₹100. As of February 13, 2025, the NAV of this fund is ₹9.08. The fund manager of this scheme is Mr Nemish Sheth.

2. Mirae Asset Nifty Total Market Index Fund

Mirae Asset Mutual Fund launched this Mirae Asset Nifty Total Market Index Fund on October 28, 2024. The fund primarily invests 95-100% of its total assets in equity securities included in the Nifty Total Market Total Return Index. Additionally, up to 5% of the assets may be allocated to money market instruments, debt securities, or units of debt/liquid schemes of domestic mutual funds to provide liquidity and stability.

The minimum investment amount is ₹5,000, with additional investments in multiples of ₹1. For SIP, the minimum investment starts at ₹99. As of February 13, 2025, the NAV of this fund is ₹9.25. The fund managers of this scheme are Ms Ekta Gala and Mr Vishal Singh.

Angel One Mutual Funds

Apart from the Nifty Total Market Index Funds mentioned above, Angel One MF has launched two new funds that consider Nifty Total Market TRI as the benchmark.

• Angel One Nifty Total Market ETF
• Angel One Nifty Total Market Index Fund

These funds from Angel One MF offer exposure to 93% of the total market capitalisation through a single investment. The new fund offer (NFO) runs from February 10 to February 21, 2025, providing investors with an opportunity to invest in a diversified index.

Conclusion

Mutual funds can offer you an option to diversify your investments and participate in market growth. However, you should carefully evaluate factors such as fund objectives, expense ratios, historical performance, and risk levels before investing. It’s essential to align investments with financial goals and risk tolerance to make informed decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.