Alice Blue Mutual Fund Review - App, Charges and SIP
Alice Blue Mutual Funds Review
Alice blue is one of India’s leading online brokerage firms offering investment services at the lowest brokerage fee, which was incorporated in 2006. Being a reputed SEBI registered financial service provider, the organization has gained its name in the trading market. Alice Blue offering investment services in different segments like Bonds, mutual fund, IPO.
Alice blue mutual fund or mutual fund in alice blue offers a direct mutual fund platform to its customers where they can directly buy the mutual fund schemes from various fund houses. There is no brokerage charge for mutual fund in alice blue.
Characteristics of Alice Blue Mutual Fund
• Alice blue mutual fund brokerage and commission charges are zero.
• Excellent & dedicated Online aliceblue mutual funds Platform.
• Allows customers to invest across a variety of schemes including equity, debt, and hybrid.
• The customers can choose from more than 31 fund houses.
• Users Portfolio provides complete holdings of the allotments done through Normal (NRM) and Direct SIP (Systematic Investment Plan).
• Users can also invest mutual fund in alice blue with their existing Alice Blue account.
• No paperwork.
• The customers receive all the statements for all their MF investments.
• Mobile apps are available for mutual fund investment.
• Track all alice blue mutual fund review online.
Investment In alice blue mutual fund
If you are planning to invest in a mutual fund then mutual funds alice blue is the best choice where you can avail more benefits by investing directly in a mutual fund through different schemes at zero brokerage and commission charges.
Alice Blue Mutual Fund Charges
There are no brokerage fees associated with aliceblue mutual funds, however you must pay Alice blue mutual fund demat account AMC fees of 400/- per annum.
Alice Blue Mutual Fund Account Opening
Alice Blue offers direct mutual fund investment facilities through the asset management companies. Investors through this account can invest their money in a direct mutual fund. If any investor does not have a demat account with the same broker, then he can only view the performance of the funds but couldn’t invest in aliceblue mutual funds.
To open account with Alice Blue Today, click here
Alice Blue SIP
Alice Blue allows investing in mutual funds through SIP or lumpsum mode of investment. It provides various flexible SIP options to make the investments as per the convenience of the customer. The customer can directly start investing in alice blue mutual fund if they already hold a demat account and have e-KYC verified.
Steps to Invest in Alice blue SIP
1. Login with the Alice blue Mutual fund account.
2. Choose the scheme as per your preference.
3. Enter the SIP details and submit it.
4. Finally, create a bank mandate for auto-payment through your alice blue account.
Alice blue Mutual Fund App
Alice Blue has user friendly and excellent mobile applications for mutual fund investments. By logging in to this account an investor can start investing.
Characteristics of Alice blue Mutual Funds App:
1. The customer can use the aliceblue mutual funds feature to compare various schemes.
2. Single portfolio to view all the funds in one place.
3. Alice Blue has consolidated statements for investments made through ELSS funds for claiming the tax benefits.
4. Provide easy order tracking by using the dashboard.
5. The user portfolio gives complete holdings of the allotments done through Normal (NRM) and Direct SIP.
ANT Web (Mutual Funds web-based platform)
Customer can invest in Alice blue mutual fund through a browser-based investment platform. The customers that are already investing in Alice blue Mutual funds can directly visit the web by logging in through their Alice blue account and do alice blue pledge mutual fund to diversify their portfolio.
Characteristics of Alice blue ANT Web:
1. It provides a free mutual fund investment platform.
2. It allows customers to invest across multiple asset classes.
3. It creates market alerts on the market conditions and fluctuations.
4. It allows customers to invest quickly by instant buy or sell options.
5. The customer can check current market news and status.
Alice Blue provides excellent online platforms for alice blue mutual fund investment at zero brokerage and commission. Alice blue pledge mutual fund facility is also available investors to earn more on returns as compared to regular mutual funds. However, this doesn't provide mutual fund recommendations which may make it difficult for new investors to choose a scheme on their own.
Frequently Asked Questions
Demat account opening under Alice Blue is completely free.
Yes, you can place NRML orders in Alice blue.
MTM refers to Market-To-Market margin which covers the daily difference between the price of contract and its closing price on the day of purchase.
Alice blue customer support number is 098219 59487.
Certainly, Minor Demat Account can be opened with Alice Blue. In this case a legal guardian has to be appointed. Documents of legal guardians are required at the time of opening an account.
Natural gas brokerage in Alice blue is ₹15 per order or 0.05% (whichever is lower).
Yes, Alice Blue stock broker is very trusted. They have a big list of items to offer, and they serve their customer in most customer friendly manner.
There is no minimum balance requirement in Alice Blue trading account. Clients can add money in a trading account according to their need and extra money can be withdrawn as per the wish of the account holder.
Alice blue traditional brokerage plan has been discontinued by Alice blue. Only freedom 15 brokerage plan is available in Alice blue. Visit garvthakur.com to check Alice blue brokerage rate.
Alice Blue has over 17 branches and 1000’s of franchise offices across India.
Soft copy of following documents are required in order to open an online account with Aliceblue: i. ID proof (PAN card) ii. Address proof (Aadhar card/Voter ID/Passport) iii. Passport size photo iv. Scanned signature v. Income proof (Bank statement of last 6 months/ ITR/ Last three months’ salary slip)
Alice Blue helpline number is 080-61575500/22174600.
No, it does not provide trading service on forex.
Yes, Alice Blue offers direct Mutual Funds through a dedicated online platform. There is no commission or brokerage charge on Mutual Funds.
Investing in Smallcase will attract a one-time flat fee of ₹100, apart from that usual brokerage charges will be applicable per transaction.
Crude oil brokerage in Alice blue is ₹15 per order.
Basic Service Demat Account (BSDA) is a special category of Demat account which can be opened / held only by individual investors. It is available for holding a value up to ₹50,000.
IPV refers to In-Person Verification, where the documents and client has to get verified by the broker personally while opening a trading and demat account. IPV can be done either through mobile Or Web camera. A video has to be recorded showing valid ID proof and client’s face during IPV process.
The size of file should be less than 5MB in JPEG, PDF or PNG format.
No, it does not provide any free tips.
Now there is only one brokerage plan in Alice blue i.e., Alice blue freedom 15 plan. Login to Alice blue Bot to change your current Alice blue brokerage plan.
eSign refers to digital signature. If client’s Aadhar card is linked with his mobile number, then he can virtually sign the documents through OTP.
Alice blue option trading brokerage is ₹15 per order. Both Alice blue option buying brokerage and Alice blue option selling brokerage is same.
No, it does not provide live market notifications and news.
The brokerage of Zerodha Max ₹20 per trade while the brokerage of Alice Blue Max ₹15 per order. Both the brokers are discount Brokers. Alice Blue provides more margin as compared to Zerodha.
It is a limited level of permission given to the firm by the traders in order to debit shares from the Demat account of trader whenever shares are sold. If a client is not willing to provide POA, then shares can be sold using CDSL TPIN mode. But this restricts the sell transaction to maximum of ₹ 1 crore per day. Moreover, it will result in limiting off-market transfer to ₹2 lakh per scrip and overall, ₹10 lakh per day. If the portfolio is above ₹ 1 crore and the client wish to sell more than ₹ 1 crore of stocks from his holdings in a day, he must provide POA.
Alice Blue does not provide a demo trading account.
No, it does not provide 3-in-1 account service.
It offers more than 15 additional products worth ₹3000 free of cost to enhance your trading experience.
Login to Alice blue Bot to change your current Alice blue brokerage plan.
Yes, it does provide combined ledger for both segments.
Alice blue traditional brokerage plan has been discontinued.
Transaction password is the password used while placing orders.
Yes, Alice Blue allows to trade in commodity.
Alice blue was incorporated in 2006 and is the fastest growing firm. It is a Bangalore based discount broker firm. Its minimum brokerage fees with maximum exposure makes it stand out from its competitors.
Indeed, the broker has designed a mobile app i.e. ANT mobi with a motive to provide better mobility to services it offers. This app is supported on android, windows and iOS platforms. It provides ease of trade from anywhere.
If eKYC is complete and Aadhar is linked to the mobile number, then the account can be opened instantly. In case, signed papers are sent to the broker, then it will take 24 hours to open the account once the documents are received.
3:15 PM is the Intraday square off time for Alice Blue.
Alice Blue Equity Options brokerage is ₹15 per order.
Those who are willing to trade only in F&O (Equity, Commodity or Currency), Demat account is not required.
No, Alice Blue does not provide this feature.