Angel Broking is a highly respected Indian wealth management and stock-broking house with a large base of devoted customers. It has a strong presence in over 900 cities spanning over a period of more than two decades. Angel Broking has helped its users immensely in wealth creation and in the pursuit of the same goal, the company released the AngelBee app to offer Mutual Fund Investment while customers are on the go.
Angel Bee app offers an instant and paperless medium to invest in the Mutual Funds. The app offers personalized solutions to allow customers to grow and diversify their investment portfolios.
With AngelBee, users can have all their mutual funds investment information in one spot and they may review or strategies at any time and anywhere.Using the Angel Bees app, you can invest in mutual funds either through a systematic investment plan (SIP) or on a lump sum basis.
The AngelBee app allows users to create an account within 60 seconds and comes with a seamless, unified interface that makes it easier to manage your finances. Furthermore, since the entire process is carried out online, it does not require any paperwork, which greatly expedites the entire process. The process of e-KYC is carried out swiftly and users can have their account up and running in minutes.
Different clients have different risk appetites and investment capacity. Similarly, they also have different wealth management plans and financial goals. Thus, AngelBee offers clients to set their own goals and plan according to their budget. Furthermore, the app offers guidance on how you can achieve your goals quickly. These suggestions are powered by ARQ, a hyper-intelligent investment engine that is native to AngelBee. ARQ is an algorithm-based artificial intelligence that is based on a robust database and makes use of cognitive technology to recommend investments. It has the capacity to advise across various asset classes including debt, gold, and equity. All decisions are made in accordance with the Modern Portfolio Theory to maximize wealth as per the individual’s investment behavior.
The biggest reason to invest with AngelBee is the fact that Angel BEE does not charge any user fee. All your mutual fund investment is free, your service provider will not charge any commission or fee from you. Apart from zero AMC, the zero fees are quite an attractive reason to invest with Angel Bees.
If you have invested your money in liquid funds using AngelBee App, you can use this as your saving account with high return. You can withdraw cash any time as per your emergency requirements. The Withdraw Fund will be available in your bank account instantly or max 30 minutes.
Backed by a reliable name such as Angel Broking, the AngelBee app is the perfect platform for individuals who have a vision of Investment and require aid for investment in mutual funds. Additionally, given the user-friendly layout of the app where all the features are clearly defined and made available, even beginners and non-clients of Angel Broking can comprehend the terms and make full use of these features.
Last updated on 18th Dec 2019
Opening an account with the Angel Bee app is as simple as it gets. It is entirely a do-it-yourself (DIY) process that takes just 60 seconds. All you need is a set of scanned documents and basic user information (such as a contact number and email address) necessary to create an investor profile.
Big Savings Account is a different product of AngelBee Liquid fund investment, where this investment will work like your Bank Saving Account. This account offers a return of 6-8% and users can withdraw cash 24x7, so your idle money can also accrue some interest. The capping on withdrawal is limited at 90% of the corpus or Rs. 50,000, whichever is lower. The transfer takes place within 30 minutes and if the amount exceeds 90% or Rs 50,000, the amount will reflect in your bank account on the following working day.
No, AngelBee is a separate platform from Angel Broking, so you don’t need angel broking trading or demat account.
On Angel Bee Review, the users are enjoying Angel Bee App, The app is really easy to use and have complete features for Mutual Fund Investors. The users are happy to start Online SIP with Angel Bee and given very positive review comments. Its giving good opportunity for liquid fund investors in a hassle-free manner, withdrawal of funds is also possible in few clicks. The users have given 4.1 rating out of 5 on Google play store.
Yes, through Angel Bees, you can save considerably on taxes up to Rs. 45,000 through an investment of Rs. 1,50,000 in the ELSS funds. Users may invest an amount larger than Rs. 1,50,000 but the tax saving component is restricted to a maximum of Rs. 46,250.