FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
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Angel One Mutual Funds Investment 2024

Rated 4.5/5 by InvestorGain Team
Angel One Mutual Fund Investment
Open Instant and Online account with Angel One in 15 mins.

Angel One, being a full service broker offers mutual funds investment services to people. Likewise other brokers such as HDFC Securities, 5paisa, and others, Angel One necessitates clients to open a mutual fund account to invest in mutual funds. The broker offers a Free Mutual Fund Account at zero charges. Only the regular plans are available with the broker means investors who are looking to invest in direct plans have no choice to invest with Angel One.

Key benefits of mutual funds investment with Angel One

  • Tie up with top asset management companies i.e. Axis, ABSL, Kotak, Reliance, HDFC, SBI, ICICI, etc.
  • Open a free mutual fund account at zero account opening charges.
  • No minimum balance requires to be maintained in the mutual fund account.
  • 1000+ schemes are available across different asset classes i.e. equity, balanced, and debt category.
  • Save tax through investment in ELSS tax-saving funds.
  • Instant, paperless and personalized way to invest in mutual funds.
  • Filter top-performing mutual funds across various categories.
  • Investment through quick SIP, lumpsum, STP, and SWP as per your choice and preference.
  • Goal-based investing such as retirement, children education, vacation planning, etc.
  • Invest, redeem and stop your mutual funds investment anytime anywhere.
  • Track your MF holdings, fund’s NAV, and historical returns.
  • Use online calculators to plan your finance and figure out investment amount to achieve defined goals.
  • Investment on your fingertips with Angel BEE app within 60 seconds.
  • ARQ-Robo advisory platform offers personalized investment advisory services.
  • In-built expense tracker facilitates to track expenditures and control overspending.
  • 24*7 dedicated customer support.
  • PAN India presence

Considerations

  • Not all the schemes from all AMCs are available with the broker.
  • One can’t choose Angel Bee app to invest in direct plans.
  • Although the broker allows zero brokerage investment in mutual funds however, investment in regular schemes comes with a indirect cost due to high expense ratio.

Angel One Mutual Funds Investment Platform

  • Angel BEE is the mutual fund investment app to invest with Angel One. Angel BEE mobile app is a complete investment solution to meet all MF investment requirements and grow your wealth on your fingertips. In 2018, the mobile app was awarded with “ Best Mobile App for Mutual Fund Investments of the year” by BSE. The award-winning mobile app is backed by robo-advisory platform, ARQ that offers customize advisory services to clients as per user specifications regarding their risk capacity, goal, and tenure.

To get more details on Angel BEE mutual fund application, Click here

Mutual Funds Investment with Angel BEE

  • The mobile app is an all-in-one platform to smartly invest, manage and grow your wealth. To invest in mutual funds with Angel BEE, follow these steps necessarily:

    • Open the Angel BEE mobile app.
    • Select the scheme you want to invest in. The platform also provides ARQ powered algorithm based investment advice.
    • Choose the investment type i.e. lumpsum (One-time investment) and SIP (monthly installment).
    • Enter the amount you want to invest in and proceed.
    • Enter PAN card and bank details i.e. account number, and IFSC code.
    • Make payment by either debit card or net banking and your mutual fund investment will be done.
    • You can track your mutual fund holdings performance anytime anywhere.

Angel Bee Mutual Fund Account Charges

  • Interested people can open a mutual fund account with Angel One completely free as zero charges are levied by the broker. Not just account opening but also AMC (account maintenance charges) are not levied.

Angel Bee Mutual Funds brokerage charges

  • The broker offers free mutual fund investment service at zero brokerage. As the broker only offers regular schemes therefore, it gets commission from the AMCs and not from investors.

Angel Bee Mutual Fund Investment Demo

  • The product demo will provide a step by step procedure to invest in mutual funds via either SIP or lumpsum route.

    Angle Bee Demo

Angel Bee Mutual Fund App Download

  • The mobile application is compatible for both the iOS and Android devices. To download the app from the website, follow below mentioned process;

    • Go to the Angel Bee website, ( https://www.angelbee.in/)
    • Scroll down the web page, and at the end, app downloading links are available.
    • If you use Android device, then click on the Google Play store link, otherwise, in case of iOS device, click on the App Store and then press “install” button.
  • Download Angel Bee app on Android
  • Download Angel Bee app on iOS

Angel Bee MF customer care

  • In case, you find any kind of trouble to invest online in mutual funds with Angel Bee such as payment issue, account opening difficulty, or any sort of issue, then the customer service representative must be contacted immediately.:

S. No. Particulars Number
1. Existing clients 022-50515151/022-44114411
2. New Customers 022-44443333
3. Angel Bee customer care e-mail [email protected]
Request call back from Angel One

FAQs

The full-service broker completely offers an instant and paperless mutual fund account opening process at zero charges. It is a DIY (Do it Yourself) process that doesn’t take more than 60 seconds to open an online mutual fund account.

Step by step procedure to open a Mutual Fund account

  • Go to Angel Bee mf website.
  • Click on the “Invest Now” option, and then provide details such as name, email and mobile number to sign in.
  • Select the scheme you want to invest in and enter PAN card number, bank account number and IFSC code and proceed with it.
  • Select preferable modes of payment i.e. debit card or net banking.
  • Accept the terms & conditions.
  • Make final payment of the investment amount.

 

Angel BEE is a mutual fund investment platform, and to invest in MF with Angel One, people require opening a mutual fund account. The broker completely offers a free mutual fund account at zero charges. The broker neither charges any account opening fee nor charges AMC on mutual fund accounts.

 

Investors have two payment options such as debit card and net banking to undertake investment in mutual funds. Users can choose any of the option based on their convenience and preference.

 

No, MF investment with Angel One on the Angel Bee platform is free because the full-service broker doesn’t levy any brokerage.

 

Angle BEE is aninstallable mobile application on both the Android and iOS devices. One way to download the app directly is from the Angel BEE website or alternatively, android device users can download the mobile app from the Google Playstore whereas iphone and iPad users can get it from the App Store.

Download Angel Bee app on Android

Download Angel Bee app on iOS

 

No, the key setback for mutual funds investment with Angel One is that it only provides regular schemes from all the available fund houses across equity, debt, and hybrid schemes. It is a well-known fact that regular mutual fund plans come with a greater cost due to a higher expense ratio however, direct plans come with a lower cost. Thus, the Angel bee platform is not for those investors who prefer direct schemes over regular ones.

 

To invest in mutual funds through Angel One, you need to follow the steps:

  • Login to Angel Bee from your demat account details.
  • Select the category of mutual funds in which you would like to invest.
  • Select the fund in which you want to invest.
  • Enter the details of SIP by clicking on “Start SIP”.
  • Enter other details like amount, SIP date, payment method, etc.
  • Submit the details and your mutual funds’ investments will start.

 

Angel One is an excellent broker to invest in mutual funds at zero brokerage or commission. The platform has 1000+ mutual fund schemes across equity, hybrid, and debt categories. If you are a beginner and want to know the best mutual fund schemes then Angel One may be a good broker as it provides research-backed mutual fund recommendations and advisory services.

However, the brokerage firm only provides regular schemes and direct plans are not available with Angel One.

 

Angel One has a dedicated mutual fund investment app called Angel BEE. It is a one-stop solution to invest in thousands of schemes of your choice and invest lumpsum money or set up a SIP. The platform is backed by ARQ intelligent advisory engine to smartly pick the best mutual fund scheme for investors.

Steps to start mutual fund SIP in Angel BEE App;

  1. Login to the Angel Bee mobile App.
  2. Select the mutual fund scheme of your choice.
  3. Click on the “SIP” option.
  4. Enter details like SIP amount and duration.
  5. Recheck and confirm the SIP order.
  6. Check the status in the order book.

 

Last Updated on 2024-02-05