Investing in Mutual Funds is instant and paperless with Angel BEE. There are two excellent ways of investing in Mutual Funds: SIP and Lumpsum.
To invest, visit Mutual Funds section on the Angel BEE App. Choose one or more of our top rated schemes, enter your desired amount and invest through SIP or Lumpsum.
Your Mutual Fund redemption will be processed in 3 working days, if the request is initiated before 2 pm, the Mutual Fund redemption is processed in 3 working days. Else it takes 4 working days.
To know the details of your order visit the Order Book section on the Angel BEE App
All Mutual Fund do not have a lock-in period. ELSS (Equity linked saving schemes) funds however have a lock-in period of 3 years.
Hence, it is also recommended as the best investment option.
To invest, visit Mutual Funds ELSS section on the Angel BEE App.
SIP (Systematic Investment Plan) is a mode of investing fixed amount regularly every month or quarter to take advantage of price averaging.
There is 25 days difference between first payment and next installment date, e.g. if you create SIP on 15th Dec for regular payment on the 5th of every month then your SIP will start getting deducted from 5th of Feb.
You can invest in SIP as low as Rs. 500.
Your investment will be processed on the same day, if payment is made before 2 pm, else it is processed on the next working day.
This is applicable to both SIP and Lumpsum orders.
To know the details of your order visit the Order Book section on the Angel BEE App.
To cancel your existing or pending SIP, visit My Transaction section from the main menu on the Angel BEE App, select SIP from dropdown and cancel the SIP scheme.
However, you cannot hold or skip any SIP installment temporarily.
There could be two reasons:
1) You have insufficient balance in your SIP linked Bank account or
2) You may have cancelled your SIP from Order Book.
If these two reasons are not applicable to you, please write to us at email@example.com or call 022-28242310.