The company plans to offer transparent and low cost solutions, aimed at simplifying wealth creation
“With this milestone, Angel One marks its entry into the asset management space, focusing exclusively on passive investment solutions” the stockbroking firm said in a filing today
Earlier this year, the company announced that it will launch a passive mutual fund and is in the final leg of setting up an AMC
Listed stockbroking firm Angel One’s wholly owned subsidiary Angel One Asset Management Company Ltd has received approval from the Securities and Exchange Board of India (SEBI) to act as the asset management company for Angel One Mutual Fund.
This move marks Angel One’s foray into the mutual fund space.
Earlier this year, the company announced that it will launch a passive mutual fund and is in the final leg of setting up an AMC.
“With this milestone, Angel One marks its entry into the asset management space, focusing exclusively on…