Angel One Mutual Fund

Angel One Asset Management Company Limited (Angel One AMC), incorporated on May 4, 2023, is a wholly owned subsidiary of Angel One Limited and acts as the asset manager for Angel One Mutual Fund. 

The AMC functions solely as a passive fund house, guided by the belief that passive investing expands access to financial markets by removing the uncertainty of selecting individual stocks or portfolio managers. The company aspires to be investors’ guiding star by empowering a billion people through ETFs and Index Funds.

Angel One Mutual Fund’s passive products, Index Funds and ETFs, are designed to provide investors with a low-cost, transparent, and convenient approach to wealth creation. The company’s vision is to empower a billion lives by promoting passive investment strategies.

Here is a brief summary of essential facts and leadership information about Angel One Asset Management Company Limited:

Incorporated	04 May. 2023
Mdceo	Hemen Bhatia
Trustee	Angel One Trustee Limited
Cio	Mehul Dama

You can begin investing in Angel One Mutual Fund schemes through Bajaj Markets in just a few simple steps. 

The entire journey is digital and hassle-free, as follows:

1. Login – Access the Bajaj Markets app or website using your registered mobile number
   

2. Explore Options – Head to the ‘Investments’ tab and choose ‘Mutual Funds’
   

3. Complete KYC – Enter your basic details such as PAN and bank account number to complete the verification process
   

4. Activate Account – Once your information is verified, your account will be activated for transactions
   

5. Start Investing – Pick the Angel One Mutual Fund scheme that matches your goals and make your first investment
   

6. Pay Easily – Choose from multiple payment modes like UPI, net banking, NEFT, or RTGS
    

This quick, paperless method allows you to invest and manage your mutual fund portfolio safely and at your convenience.

Investing in mutual funds with Angel One is simple and fully compliant with regulations, but you will need to provide certain documents for verification. 

Here are the key documents generally required:

Proof of Identity

A PAN card is mandatory for all mutual fund investments. It acts as the primary identification and also helps track investments for taxation purposes.

Proof of Address

An Aadhaar card with your current residential details is usually accepted as address proof. Ensure that the information is updated, as accurate details are important for communication and documentation.

Proof of Bank Account

You must provide either a recent bank statement displaying your name and account number or a personalised cancelled cheque with your signature. This confirms that all transactions—such as investments or redemptions—are correctly linked to your bank account.

Proof of Income (if applicable)

For investing in derivatives such as Futures and Options (F&O) through mutual funds, you may also need to submit proof of income. Accepted documents include your latest salary slip, bank statement, or ITR acknowledgement.

Mehul Dama (Fund Manager since February 2025)

Mehul Dama, a qualified Chartered Accountant, brings over 19 years of experience in the financial services sector, of which 14 years have been dedicated to the Indian passive mutual fund industry. His expertise spans operations, fund accounting, valuation, and investment management. 

He was a key member of the Benchmark AMC team that introduced ETFs in India, and later worked with Goldman Sachs India AMC. Before joining Angel One AMC, he served as Fund Manager – Passive Funds at Nippon Life India AMC. His core specialisation lies in managing portfolios of Exchange Traded Funds (ETFs) and Index Funds.

Kewal Shah (Fund Manager since February 2025)

Kewal Shah has over a decade of experience in the mutual fund industry, covering both Operations and Dealing functions. Prior to joining Angel One AMC, he worked with ICICI Prudential AMC as Fund Manager, where he managed domestic and international ETFs along with other passive funds for around 2.5 years. 

Earlier, he was part of the Operations team at the same AMC for nearly 5 years. His professional journey also includes roles in the Operations teams at Philip Capital (India) Pvt. Ltd. and JM Financial Services Ltd.

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Address	G1, Ackruti Trade Centre, Road No.7 Kondivita, Andheri (East) Mumbai