Tag: Alice Blue

Alice Blue’s foray into Mutual Funds trade witnesses healthy growth
Business, Business News, Press Release

Alice Blue’s foray into Mutual Funds trade witnesses healthy growth

Tamil Nadu, September 21: Alice Blue has registered healthy growth in Mutual Funds investment over the last two quarters. It has been registering a 20 percent quarter on quarter growth. The company had recently forayed into Mutual Fund investments. Through this initiative the company has been offering its customers investments through Direct Mutual Fund Schemes. Through Direct Mutual Funds Platform customers benefit from directly investing in Mutual Fund schemes withouth any third party involvement resulting in lower costs. Additinally Alice Blue Mutual Funds charges zero commission on the invesments. Commention on the new initiative, Mr. Siddhavelayutman, CEO, Alice Blue, said, “over the next two quarters we are expecting an higher growth in mutual fund investments.  Our objective in of...
Alice Blue Posts Significant Growth for half year ended June 2022
Business, Business News, Press Release

Alice Blue Posts Significant Growth for half year ended June 2022

 Records 18 % overall growth in customer trading August 27: The first half of the Calendar year recorded positive growth at Alice Blue. The company has recorded 18% overall growth across all trading instruments. The company has been at the forefront of enabling customer convenience in trading and Investment through its upgraded trading apps and solutions. Some of the significant verticals that we witnessed positive growth include Intraday, which has grown 31 percent during the first six months of 2022 compared to the same period last year. Similarly, trading and investments in Gold, Derivatives and Equity have seen 21percent, 13 percent and 9 percent, respectively. Mr. Sidhavelayutham M., the Founder and CEO of Alice Blue, said, “Steadily, the company has been witnessing increased tradin...