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Alice Blue Mutual Fund Investment| Zero brokerage or commission

Alice Blue Mutual Fund Investment

Discount Broker·BSE, NSE, MCX, NCDEX

4/ 5 by InvestorGain Team Rate

Trade smarter with Alice Blue! Yes, its Rs 20 maximum brokerage, free mutual fund investment, top-rated ANT trading platforms, and a plethora of learning resources make it an excellent broker for beginners and seasoned traders.

Open Free Account

₹Free

A/C Opening

₹2.5% or Rs 20

Eq Delivery

₹0.05% or Rs 20

Futures

₹Flat Fee Rs 20

options

4★

Overall Rating

Alice Blue is a mutual fund distributor that facilitates customers to buy direct mutual funds online at zero brokerage or commission. The discount broker offers equity, debt, and hybrid schemes from 31 AMCs including Axis, SBI, Reliance, ICICI, HDFC, L&T, ABSL, Tata, and others. If you have opened Alice Blue Demat Account then you can invest in direct mutual funds with Alice Blue through SIP or lumpsum route. The broker facilitates direct mutual fund investment through Alice Blue Mutual Funds App and ANT Web platform. Get the complete Alice Blue Mutual Funds Investment Review including MF account opening charges, brokerage, Mutual Funds App features, and others.

Alice Blue Mutual Fund Account Opening Process| Open Alice Blue MF Account

Customers don’t need to open a separate mutual fund account as only Demat account is required to invest in mutual funds with Alice Blue. Here are the steps to open Alice Blue MF Account online;

Head to the official website and click on the “Open an Account”.
Complete sign-up process using mobile and e-mail address.
Enter PAN and DOB as per your PAN card.
Product selection, ensure to select mutual funds option.
Enter your aadhaar number and address details.
Link personal bank account by entering the bank account number, IFSC, etc.
Upload documents such as PAN Card, Aadhaar card, bank proof, etc.
E-sign the form digitally and your Alice Blue MF Account will be opened.

Alice Blue Mutual Fund Account Opening Charges

S. No.	Particulars	Charge
1.	Alice Blue Mutual Fund Account Opening Fee	Free
2.	Alice Blue Mutual Fund Account AMC Charges	Free

Alice Blue Mutual Fund Brokerage

Alice Blue offers zero brokerage or commission-free mutual fund investment. Thus, any customer who has a Demat account with Alice Blue can purchase direct schemes of top fund houses at nil charges.

Alice Blue Mutual Fund SIP Investment

The discount broker offers flexible SIP investment options as per users’ convenience across multiple schemes. Here is the process on how to start SIP in mutual funds with Alice Blue:

Login to your Alice Blue account over the Alice Blue MF app or ANT Web.
Explore all schemes and select the mutual fund scheme of your choice.
Click on start SIP, enter the SIP amount and date, and submit the order.
Make the payment of the first SIP installment.
Once payment is done means you’ve successfully started MF SIP with Alice Blue.

Alice Blue Mutual Funds App

Alice Blue Mutual Funds app is a dedicated mobile-based platform to buy direct mutual funds online from 31 asset management companies and credit them to your Alice Blue Demat Account.

Alice Blue Mutual Funds App Features

Free mutual fund investment at zero commission, fee, or 0% brokerage.
Buy direct mutual funds from 31 AMCs.
100% online and paperless investment process.
Alice Blue Demat account is a single account to hold equity and mutual funds.
Start SIP or invest through lumpsum as per your choice.
Highly secure dashboard to track mutual funds investment portfolio online.
Get consolidated mutual funds investment.

Alice Blue Mutual Funds App Download

Android users can install the app from the Google Play Store, which is not available on the App store.

Download Alice Blue MF App on Android

Alice Blue Mutual Fund Investment Pros

Free mutual investment at nil charges.
Buy direct plans from 31 AMCs.
100% paperless investment through Alice Blue Mutual Funds App and ANT Web.

Alice Blue Mutual Fund Investment Cons

Alice Blue Mutual Funds App cannot be downloaded on iPhone.
Doesn’t offer in-house mutual funds.
It doesn’t provide Mutual fund investment recommendations.

Alice Blue Mutual Fund Customer Care

Alice Blue Customer Care E-mail	[email protected]
Alice Blue Customer Care phone number/Helpline	080-61575500 \|080-45490850

You can also raise a ticket at Alice Blue Support Desk to resolve any query.

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Popular Comparisons

Feature
Plan Name	Rs 20 Plan	Rs 20 Plan	Rs 20 Plan
Overall Rating	★ 4.5	★ 4.5	★ 4
Equity Delivery	Free	0.1% or Rs 20	Flat Fee Rs 20
Intraday	0.03% or Rs 20	0.03% or Rs 20	Flat Fee Rs 20
Account Opening	Free	Free	Free
AMC (Annual)	Rs 300 PA (Free for 1st year)	Rs 240 PA	Rs 300 PA
Max Brokerage	Rs 20	Rs 20	Rs 20
	Open A/C	Open A/C	Open A/C

Frequently Asked Questions

1. How to start SIP with Alice Blue Mutual Funds App?−

Alice Blue Mutual Funds App is a dedicated mutual funds investment app to invest in direct funds. The broker offers flexible SIP investment to invest in mutual funds in completely paperless manner.

Steps to start SIP through Alice Blue Mutual Funds App

Download the mobile app from the Play Store.
Enter user ID and password to login with your Alice Blue Demat Account.
Select the MF scheme, in which, you want to invest.
Click on the “Start SIP” button and enter SIP amount and date and then press the “Submit” option.
Pay first SIP installment and you’ve successfully registered SIP investment.

2. How do I invest in mutual funds through ANT Web?+

ANT web is the browser-based web trading platform of Alice Blue that facilitates online mutual funds investment. Here is the process to buy direct mutual funds through ANT Web;

Visit Alice Blue official website.
On the top, click on the “Trade Store” and access “ Alice Blue Mutual Funds Platform”.
Enter Alice Blue client ID and password to login your account.
Select your choice of mutual fund scheme.
Enter details like SIP/lumpsum, amount, etc. and submit the order.
Make payment of investment amount and on successful payment, your MF investment is done!

3. Does Alice Blue offers direct mutual funds?+

Yes, Alice Blue offers direct mutual funds across equity, hybrid, debt, and ELSS categories from 31 AMCs. If you have opened Alice Blue Demat Account then you can purchase MFs at zero commission, fee, or brokerage charges.

4. How to buy mutual funds through ANT Mobi?+

Alice Blue doesn’t offer online direct mutual funds investment through its ANT Mobi app as the broker has a dedicated mutual fund investment app. Alice Blue Mutual Funds App and ANT web are the only two platforms for online MF investment.

5. Can I invest in mutual funds with Alice Blue?+

Yes, anyone who has opened a demat account with Alice Blue can start zero-brokerage or commission-free direct mutual fund investment with Alice Blue. The brokerage house provides direct schemes across equity, debt, and hybrid category of 31 fund houses.

6. What is Alice Blue Mutual Funds brokerage charges?+

Alice Blue facilitates investment in direct mutual funds at zero brokerage or commission. It means that the broker doesn't charge any fee for investment in mutual funds. There are 31+ leading AMCs available with the Alice Blue, among which, clients can choose any scheme, in which, he/she wants to invest.