Angel One Limited
Franklin Templeton Mutual Fund increased its stake in Angel One Limited from 1.34% to 1.39%, adding 557,741 shares to reach a total of 12,724,891 shares. The approximate value of the increased stake is ₹18.98 Cr, calculated at the share price of ₹340.25.
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.
Indian arm of Franklin Templeton Investments, a global AMC with over USD 1.5 trillion in assets worldwide. Manages over Rs 1.2 lakh crore in India. Navigated a significant setback when six debt schemes were wound up in April 2020 due to illiquid credit exposure, with full investor capital recovered by 2022. Equity franchise led by CIO Anand Radhakrishnan has maintained consistent performance through the volatility.