MULTIGAIN: One Stop Shop for all financial needs of diversified classes. The company is prospering with one point philosophy: ‘Clients growth is our growth’
MultigainTM , a leading broking house of India specially focused on Shariah Base Broking, have ethical and socially responsible values into investing and their advisory. Known for its transparent and ethical business practices, the company has established a firm footing in the market operating as a well known Insurance & Mutual Fund Distributor, having its Head Office –Moradabad ( U.P.), Corporate office – New Delhi with hundreds of employees, Franchisees & Advisors across PAN India. The firm houses integrated financial services that covers all major domains such as financial planning, wealth management, stockbroking, currency & commodity broking, depository services & third party product distribution.
It operates its business across two verticals namely Conventional and Shariah base investment services and boasts to be serving as the largest integrated platform of distributing and broking of Shariah base investment products & services in India. With its broad spectrum of solutions that envelops protection (Life & Non-Life), Savings, Investments, Trading and Treasury Management, the firm aims to address diversified financial needs of varied classes of investors such as individuals, NRI’s, Corporate, Institutions, and Trust etc. For the benefit of its clients, the company has channelized the delivery of its services into two pillars namely Direct Clients and Distribution Channel. Direct Clients envelops need-based financial planning coupled with educative information in Conventional services & Shariah Base Investment Solutions, while Distribution Channel includes specialized, convenient, integrated & customizable services for clients interested in Shariah base investment. Since inception, the company has successfully delivered value creating wealth for thousands of clients including leading Exporters, CA Firms, Government Employee, Doctors, Advocate and more.
Lack of awareness in people with regard to financial products & services inspired Mr. Khalid Ali, who was then an LIC agent, to establish MULTIGAIN in 1994 at Moradabad (UP) as a proprietary firm dealing in various kinds of Third party products like Life Insurance, General Insurance, Mutual Fund, Bonds, New Issues (IPO), Tax Saving Bonds, RBI Bonds and more. In a short span of time, the company positioned itself as a Leading Distributor in Market having maintained honesty and transparency in business practices. With increasing number of investors, the company achieved a steady growth and expanded the scope of its services establishing itself in various financial fields from Equity to Commodities and Currencies; and from Financial Advisory to mutual Fund, PMS, Real Estate, & Wealth Management.
Products & Services
Chasing a great vision, Multigain has now become a hub of financial services where everybody has a solution for his financial needs. These financial services are classified into Broking & Distribution Services and Wealth Management services. Broking & Distribution encompasses key functions namely (Secondary Market Solutions: Cash & Derivatives, Currency Derivatives, Commodities: Spot & Derivatives, Depository Services, Insurance Repository Services, Mutual Fund, Portfolio Management Services, Bonds, Insurance solution: Life & General, Real Estate Services, A.I.F. (Alternate Investment Fund), IPO, Online Trading, Mobile Trading, Research and Shariah Investment Services.
Multigain Have Membership of all leading stock & commodity exchanges like NSE/BSE/MSEI/ MCX/NMCE/NCDEX Etc.Depository & Repository Participant of CDSL
There are several factors that enable the firm to edge past over others:
- One Stop shop for all financial needs of diversified classes
- An integrated platform for Fast & Easy to use Online Trading, Mutual Fund, Research & Back Office
- Largest integrated platform of distributing and broking of Shariah base investment products and services in India
- One of the fastest growing network with a dedicated and experienced team
- Value Added Services such as Mobile trading, K-Easy & K-wealth Mall
- Customized Solutions
- Emphasis on educating investors about financial landscape
- Focus on maintaining highest standards of excellence and professionalism
With an aspiration to achieve the status of a reputed Financial Services Group inspiring people around the globe to achieve their financial goals, Multigain has won several landmarks that have empowered to leave indelible footprints on the landscape of financial services in India. The company’s list of achievements is adorned with many ‘Firsts’ that are evidence of its remarkable efforts towards achieving excellence in its services towards benefiting more and more people. Multigain is the first Shariah Compliant Commodity Broker. It was the first financial institution to start SIP in Shariah Compliant Spot Commodities. Not only that, The company has been recognized as the first stock broker in India to get RBI approval through ATOM for the co-branded prepaid card or plastic money. Multigain had an exclusive tie up with Taurus Asset management Company Ltd. (TAMCO) for the first Shariah Compliant PMS “TM Shariah Strategy” certified by TASIS.
Multigain is now planning to extend its service portfolio with new offerings in Tour & Travels (online booking for Haj & Umrah), Professional Services like Aadhar, PAN, GST (Goods & Services Tax), and Personal Taxation, N.P.S. Etc. Real estate Services- Focus & Plan to launch P.M’s. Dream Plan “Affordable Housing Scheme”
Spirit behind the Success
Khalid Ali, Founder & Managing Director, Multigain
Mr. Khalid Ali is Founder, Promoter and Managing Director of Multigain Group. Having gained a rich expertise in financial services, Mr. Khalid established the reputation of Multigain group as a trusted and reliable business group known for its ethical and transparent practices. He embarked on the new field of finance known as an alternate investment or Shariah Finance and propelled it to the India’s Largest Integrated Platform of Distributing & Broking of Shariah Base Investment Products & Services. He is 13 times MDRT qualifier, and he is also the Club Member of L.I.C. of India and is Top achiever in Life Insurance in North India and has been in Top 30 in all India.
He is Gold Medalist Agent of L.I.C. of India, U.T.I. & ICICI Prudential Mutual fund and leading performance achiever in all areas of working. Under the guidance and supervision of Mr. Khalid Ali, Multigain is a Platinum Member of Reliance MF, Birla MF and Chairman Circle Member of ICICI Prudential MF, MD Club of Tata Mutual Fund & Club Member HDFC Mutual Fund etc. Multigain is one of the leading Mutual Fund Distribution & Advisory Company in North India and held several important and critical positions like Top 50 Advisor all over India.He is a member of FIFA/DFDA & FPD. He is Member and holds various post in CPAI, ANMI, BSE Broker Forum, NMCE and Member of Islamic Culture Centre, New Delhi and Muslim Degree College, Moradabad.
He incorporated Multigain Financial Consultant Pvt. Ltd. in 2004 and also established three more companies in 2008 onwards which are Multigain Commodities Services Pvt. Ltd., Multigain Securities Services Pvt. Ltd. and Multigain Shariah Investment Services Pvt. Ltd.