Angel One weighs active funds launch and wider securities-backed lending
India's second-largest broker by active clients is considering active fund management and a bigger securities-backed loan business, Reuters reports.
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what happened
Angel One, India's second-largest stockbroker by active clients, is evaluating a move into active mutual fund management and a larger securities-backed lending business. Chief Strategy Officer Amit Majumdar told Reuters in an interview that the firm has so far focused on passive funds.
Majumdar said weak index returns in recent years have increased the appeal of stock-picking strategies. Angel One currently runs three passive index funds, and as of September 30 its asset management arm held 5.7 billion rupees, about $60.61 million, across 11 schemes. The loans against securities are in beta mode and linked to its margin trading facility.
why it matters
The story shows Indian brokers looking for revenue beyond trading commissions as competition for retail money grows. Reuters cites monthly SIP inflows of about $3 billion and a sharp rise in margin lending, which explains why brokers are widening their product range.
market impact
Angel One and Indian brokers: business diversification may support the company's longer-term revenue.
tags
instruments
sources
- India's Angel One weighs active funds launch, expansion of securities-backed loans, executive says — Reuters, 13 November 2026 at 07:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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