111.83% 1,221,008 Clients
Angel Broking offers Angel Bee which is an online mutual fund platform for investors. You can invest in a mutual fund of your choice through Angel Bee and start investing in a couple of minutes. It offers different categories of mutual funds to suit the investment needs of the clients. All the plans offered on Angel Bee Mutual Fund platforms are regular schemes. You can invest in a wide range of mutual fund schemes under different categories- growth/debt/ELSS/Tax Saving etc., for your mutual fund investment portfolio.
Angel Bee Account Opening Charges |
Nil |
Angel Bee Mutual Fund AMC Fees |
Nil |
Angel Bee Mutual Fund Brokerage Charges |
Nil |
Angel Bee Mutual Fund Commission |
Charges commission 1% to 1.5% |
Angel Bee Mutual Fund DP Charges |
|
Other Charges |
|
Angel Bee is a free online investment platform offered by Angel Broking for mutual fund investors. The distributor doesn't charge any fee for offering mutual fund services. All the amount invested in the scheme goes for purchasing the mutual fund scheme. Angel Bee receives a commission from the fund houses. The NAV shown in the front of Angel Bee mutual fund platform includes the commission component. You don't need to pay any fee separately while investing through Angel Broking Mutual Fund.
Angel Broking works as a distributor for mutual fund schemes from other fund houses. For investing in a mutual fund, you don't require any trading account with the broker. To invest in mutual funds, Angel Bee MF offers a free, paperless and instant mutual fund account opening facility. It is a Do It Yourself process that can be completed within 60 seconds if you are KYC verified. You don't need any minimum balance to open an Angel Broking Mutual Fund account. If you are KYC verified, you can start investing with Angel Bee within 60 seconds in a mutual fund scheme.
Angel Bee also offers mutual fund investment through SIP. You can start investing in Angel Bee Mutual Fund SIP in 60 seconds. To start investing through SIP, you will need to download and install the Angel Bee Mutual Fund App.
Steps to invest in SIP through Angel Broking Mutual Fund:
To invest in a mutual fund through Angel Broking, you need to access the Angel Bee Mutual Fund platform. It is a dedicated mutual fund mobile app to invest in schemes online.
This app is powered by ARQ- an intelligent engine that provides personalized recommendations. With the Angel Bee MF app, you can invest from anywhere, anytime.
The Angel Broking app is available for Android and Apple iPhone users.
The existing customers at Angel Broking Mutual Fund can contact on 022-50515151022-44114411 whereas the new customers can call on 022-44443333 for mutual fund related queries. It also provides e-mail-based customer support. You can mail your query at support@angelbee.in.
Angel Broking is a mutual fund distributor that offers around 1000 mutual fund schemes from different fund houses. It has an Angel Bee platform to invest in mutual funds online. Angel Broking doesn't offer an offline mutual fund investment facility. As Angel Bee offers regular mutual funds, you have to indirectly pay commissions which fund houses pay to the distributor. For every scheme investment through the app, Angel Broking earns a commission from the fund house. The fund house charges this commission from the customers as fund expenses. This impacts your profits from the investments. Stock brokers like Zerodha and 5Paisa offer no commission direct mutual funds which is a better way if you can choose schemes on your own.
Get full-service brokerage plan with discount broker pricing. Brokerage free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. To open an account with Zerodha, simply leave your contact information with us and Angel Broking representatives will call you.
Angel Broking offers mutual fund services through 'Angel Bee', a dedicated Mutual Funds App. The company offers mutual funds at zero commission charges.
Steps to Buy Mutual Funds in Angel Broking
* For Android smartphone users, Net Banking, Debit Card and UPI payment facility are available whereas currently, iPhone users can only transfer through Net Banking.
Angel Bee App also provides you access to Angel Broking's proprietary ARQ software, an AI-driven mutual fund recommendation engine. You can check the recommendations as per your financial goals and find a good mutual fund.
Investments done before 2 pm are processed the same day, and those done after 2 pm are processed on the next working day.
Angel Bee is a dedicated mutual fund platform offered by Angel Broking to invest in regular mutual funds online. The app is a convenient way to invest in over 1000 schemes across various categories. The account opening is free and Angel Broking doesn't charge any fees/commission. However, in regular mutual funds, fund houses charge a commission to be paid to the distributor. So, customers lose around 0.15% to 1.5% in commission when compared to direct mutual funds offered by Zerodha and 5Paisa etc.
Opening a mutual fund account with Angel Bee is an easy process. You will need the following documents for account opening:
Angel Bee offers a free mutual fund investment platform and you are not required to maintain a minimum balance for account opening.
Angel Broking doesn't charge account maintenance charge for mutual fund account opening. It also doesn't charge account opening and margin money.
It will take 3 working days for the redemption process if the request is placed before 2 PM. And, it will take 4 working days for the redemption request to be processed if the order is placed after 2 PM.
Angel Broking customers can use the Angel Bee mobile app to invest in Mutual Funds online. Angel Bee offers the facility to buy mutual funds at zero fees & charges. You can invest in SIP as well as a lump sum.
Steps to start SIP in Angel Broking
Note
You can stop your mutual fund SIP in Angel Broking at any time using the Angel Bee mobile app.
Steps to stop SIP in Angel Broking
Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer
Information on this page was last updated on Friday, January 22, 2021
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