ANI
15 Sep 2021, 17:57 GMT+10
Bangalore (Karnataka) [India], September 15 (ANI/NewsVoir): Alice Blue Customer base has grown by 30 per cent during the first quarter of 2021. This robust growth is attributed to strong customer-oriented approach and focused delivery and support to customer services. With this rapid growth potential, the Alice Blue customer base is expected to double by the end of the financial year 2021.
With the advantage of having the lowest brokerage fees in the industry, Alice Blue has steadily attracted new clients over the last few months. The company serves a comprehensive mix of veteran investors and new first time investors. In fact, over 60% of customers are Millennials, underscoring the steady growth of tech-led investment options Alice Blue offers its customers.
Sidhavelayutham M, The Founder and CEO, Alice Blue, said, "We are seeing a significant surge in the use of our tech based learning systems such as Trade School and ANT IQ. These platforms offer educational courses and webinars on tradinginvestment by India's top stock market investors and educators. For beginners, ANT-IQ educates customers through insightful articles and blogs on how to get started in the Stock Market. These learning tools along with new product offerings have been strong motivators for new customer acquisitions."Alice Blue also offers a sophisticated marketplace for trading products calledAnother strong motivator for customer addition is through the availability of new products and services that makes trading and investment easier. Some recent offerings include Equity SIP and Pledging of shares without a POA.
With Equity SIP, customers can simply build a basket and fill it with stocks of their choice to start a SIP. It offers the convenience of orders to be punched at a specific time each day. Orders can also be punched on a daily, weekly, or monthly basis to suit their requirement. Pledging shares via Alice Blue is now simple and straightforward and can be done without a POA. With this the company has done away with the need to submit the POA and wait until EOD just to get the OTP for authorization.
In addition to the online services offered, Alice Blue services are also available across 20 major cities through 12,000 associates to assist with the physical presence of any requirement of customers who wish to trade and invest in the stock market.
Alice Blue is one of India's leading online brokerage firms offering investment services at the lowest brokerage fee. Based in Bangalore, the company has its presence across 20 cities in India. Founded in 2006, Alice Blue today serves more than 1 lakh active traders and more than 10000 partners everyday. The company is a member of MCX, NCDEX, NMCENSEL and is 6th largest by trade volume and recipient of multiple MCX awards over the last few years as the best stock broking company.
Alice Blue offers a suite of technology Apps and tutorials to make online trading simple and smart.
For more details -This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)Get a daily dose of Kolkata Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.
More InformationISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
PARIS, France: France is taking stronger steps to reduce smoking. A new health rule announced on Saturday will soon ban smoking in...
WASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...
EVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
NEW DELHI, India: India has decided not to allow a United Nations (UN) investigator to join the investigation into the recent Air India...
New Delhi [India], July 3 (ANI): The recently finalised free-trade agreement (FTA) between India and the United Kingdom (UK) will not...
New Delhi [India], July 3 (ANI): Air India cancelled its New Delhi to Washington DC flight on Wednesday after a technical issue during...
New Delhi [India], July 3 (ANI): Indian Super League (ISL) side NorthEast United FC, on Wednesday, announced the departure of Spanish...
Washington D C [US], July 3 (ANI): India and the United States of America have agreed to sign a new 10-year US-India Defence Framework...
New Delhi [India], July 23 (ANI): In an order on defence procurement, the Delhi High Court has upheld the Central Reserve Police Force's...