Meet Kewal Shah: The Fund Manager Driving Angel One Nifty Total Market Index Fund

Kewal Shah, an experienced fund manager with over a decade in the mutual fund industry, has been appointed as one of the fund managers for the Angel One Nifty Total Market Index Fund.

Shah, 35, holds a PGDM in Finance and brings a wealth of experience in fund management, particularly in passive investing strategies.

Kewal Shah’s Experience and Industry Expertise

With over 10 years of experience in the mutual fund industry, Kewal Shah has built a strong track record in operations, dealing functions, and fund management.

Before joining Angel One AMC, he was associated with ICICI Prudential AMC as a Fund Manager, where he managed domestic and international ETFs along with other passive funds for approximately 2.5 years.

Prior to this, he spent around five years in the Operations team, gaining deep insights into fund management processes and execution.

Shah has also worked with Philip Capital (India) Pvt. Ltd. and JM Financial Services Ltd., where he was part of the Operations team, further strengthening his expertise in the investment ecosystem.

Driving Angel One’s Passive Investment Strategy

With his extensive experience in managing ETFs and index funds, Shah is expected to play a critical role in Angel One AMC’s passive investment strategy, ensuring that investors benefit from cost-effective, transparent, and diversified equity market exposure.

As Angel One AMC marks its entry into the asset management space, Shah’s leadership in the Angel One Nifty Total Market Index Fund is poised to offer investors a seamless and efficient investment option, reinforcing the company’s commitment to democratising equity investments in India.

Angel One AMC Launches First NFO and ETF

Angel One Asset Management Company (AMC) has introduced its first-ever New Fund Offer (NFO), the Angel One Nifty Total Market Index Fund, currently open for subscription until February 21, 2025.

This open-ended scheme aims to replicate and track the Nifty Total Market Index, allowing investors to participate in India’s equity market growth without the complexities of stock selection and portfolio management.

Additionally, Angel One AMC has launched India’s first ETF tracking the Nifty Total Market Index, the Angel One Nifty Total Market ETF.

Both funds offer investors broad market exposure, sector diversification, and reduced risk from over-concentration in specific industries, making them attractive options for those seeking simplified yet comprehensive equity market investments.

Conclusion 

Kewal Shah’s appointment as a fund manager at Angel One AMC underscores the company’s commitment to passive investing.

With his expertise in ETFs and index funds, Shah is set to drive innovation and efficiency, ensuring investors gain diversified, transparent, and cost-effective access to India’s equity markets through Angel One’s new offerings.

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 research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.