Angel One Limited
Sundaram Mutual Fund took a new position in Angel One Limited, acquiring 1,13,45,662 shares worth ₹385.94 Cr, representing a 1.24% stake in the company.
A diversified financial services company engaged in stock, commodity, and currency broking for both retail and institutional clients. Angel One provides margin trading facilities, depository services, mutual fund distribution, non-banking finance lending, and acts as a corporate insurance agent. The firm offers a comprehensive range of investment and financial solutions designed to serve diverse client segments across India's capital markets.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.