Friday, Apr 26 2019 | Time 07:45 Hrs(IST)
image
  • Russia starts assembling of six Sukhoi SU-30 fighter jets for Myanmar
  • Master Plan: Diggy slams BJP
  • Master Plan: Diggy slams BJP
  • Rajasthan Royals wins by 3 wickets against KKR at Eden
  • Integrated Coach Factory wins Arjan Singh Memorial Int’l hockey tournament
  • Myths of Priyanka stand eroded: Jaitley
  • Archer and Parag guides Rajasthan Royals to nervy win over KKR by 3 wickets
  • Archer and Parag guides Rajasthan Royals to nervy win over KKR by 3 wickets
  • Chowkidar will never let Kashi's dignity get harmed at any cost : PM
  • Senior government officer arrested on graft charge
Business Economy


Zerodha’s client base to grow 1-1.2 mn during FY 2018-19

Zerodha’s client base to grow 1-1.2 mn during FY 2018-19

Hyderabad, Apr 24 (UNI) Zerodha, a discount brokerage firm will achieve its client base from 8 lakhs to 1 million or 1-2 million during the Financial Year 2018-19, its vice-president (Education Service) Karthik Rangappa said.

Talking to newsmen here on Tuesday, Mr Karthik along with AVS –Sales Salman Quraishi said that the company has 8 lakh clients across the country. Of them 5.5 were active clients. The clients base has grown300 per cent during 2017-18.

In Telangana, Mr Karthik said that the company has 42,000 clients. It has grown at a rate of 139 per cent during 2017-18. In Hyderabad, Zerodha has 31,000 clients and grown at a rate of 168 per cent during the last fiscal

Speaking on “Coin”, India’s first direct Mutual Fund+ Equity platform, Mr Karthik said that the customer buy mutual funds online completely commission-free directly from asset management companies.

“One can start, stop or modify SIPs anytime they want and the first Rs 25,000 worth of investment would be free”, he said.

“Any investor buying mutual funds directly is the best option. SIP of Rs 5000 monthly invested for 25 years in direct vs distributor can potentially save Rs 28 lakhs as commissions. Buying direct mutual fund in demat also gives the convenience of a single portfolio view”, Mr Karthik said added Coin has facilitated over Rs 1100 crore worth of investments till now.

UNI VV JW1630

More News
Dish TV launches ‘Watcho’; forays into original content for digital audience

Dish TV launches ‘Watcho’; forays into original content for digital audience

25 Apr 2019 | 7:33 PM

New Delhi, Apr 25 (UNI) Dish TV India Limited forays into the digital video content segment and announces the launch of its new OTT app ‘Watcho’.

see more..

Xiaomi launches smartphones Redmi Y3 and Redmi 7 in Hyderabad

25 Apr 2019 | 7:02 PM

Hyderabad, Apr 25 (UNI) Xiaomi, India’s number one smartphone brand and number one smart TV brand, launched its all-new Redmi Y3 and Redmi 7 here on Thursday.

see more..
realme first ever pop-up store to make its debut on Apr 27

realme first ever pop-up store to make its debut on Apr 27

25 Apr 2019 | 6:59 PM

New Delhi, Apr 25 (UNI) realme will be setting up its first ever pop-up store on April 27.

see more..
Rupee down by 38 paise against USD

Rupee down by 38 paise against USD

25 Apr 2019 | 6:18 PM

Mumbai, Apr 25 (UNI) The Rupee on Thursday weakened past 70 mark to 70.25, down by 37 paise against the greenback, a 6 week low tracking declines in other Asian currencies amid continued strength in the dollar, dealers at forex market said.

see more..

Amazon: Summer sale with thousands of deals from May 4

25 Apr 2019 | 6:15 PM

New Delhi, Apr 25 (UNI) Amazon.

see more..
image