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Does Angel Broking offer direct funds?

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Does Angel Broking offer direct funds?

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.

Which Broker allows direct mutual funds?

Broker offering Direct Mutual Funds Many online stock brokers in India offer direct mutual funds including Zerodha, 5paisa, Groww, and Paytm Money. These brokers offer a dedicated direct mutual funds platform (i.e. Zerodha Coin) which includes a mobile app and website.

Can we switch mutual funds from regular to direct?

Visit the transaction page, where you can buy, change, or redeem your fund units. Select the ‘switch’ option and then click on the respective fund name. It will have a ‘Direct Plan’ option; click on it and follow the steps displayed. It will take about four working days to reflect the change.

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Is it possible to buy shares of a mutual fund directly from the fund instead of through a broker?

There are 2 major ways by which you can invest in mutual funds directly without a broker. You can walk-in to the branch office of the mutual fund house and fill up the application forms yourself.

How do I buy debt funds from Angel Broking?

Steps to Buy Mutual Funds in Angel Broking

  1. Download the ‘Angel Bee’ app on a smartphone.
  2. Open Angel Broking account online.
  3. Transfer funds into your account.*
  4. Choose a fund of your choice from the list available.
  5. Invest in lumpsum or SIP as per your preference.

Which direct mutual fund is best?

Best Direct Mutual Funds

  • IDFC Core Equity Fund – Direct Plan Growth.
  • Mirae Asset Emerging Bluechip Fund – Direct Plan Growth.
  • ICICI Prudential Bluechip Fund – Direct Plan Growth.
  • Nippon India Large Cap Fund – Direct Plan Growth.
  • HDFC Mid-Cap Opportunities Fund – Direct Plan Growth.
  • L Midcap Fund – Direct Plan Growth.
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How to invest in mutual funds online with Angel Broking?

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. Login to the Angel Bee mobile app or website.

How much does Angel Broking charge for opening an account?

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. 3.

How to invest in lumpsum or sip through Angel Broking?

Open Angel Broking account online. Transfer funds into your account.* Choose a fund of your choice from the list available. Invest in lumpsum or SIP as per your preference. Go to the Order Book section to check the status of your order.

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How to start SIP in Angel Broking?

How to start SIP in Angel Broking? 1 Login to the Angel Bee mobile app or website. 2 Transfer funds into your account. 3 Choose a fund of your choice. 4 Choose SIP as an investment mode. 5 Enter your SIP amount. 6 Review and confirm your order. 7 Go to the Order Book section and check your order status.

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