InvestorAi WealthBaskets Now Available On Paytm Money3 min read
Paytm Money in association with InvestorAi & WealthDesk launches FtM Equity Rocket & FD Beater WealthBaskets on iOS & Android platforms through the WealthBasket offering.
InvestorAi is an AI backed platform known to deliver premium investment ideas. The platform has been developed by Bridgeweave, a SEBI registered Research Analyst, that ensures your investment is managed by Wealth Management experts
A quick glimpse at the details of these portfolios:
- FtM Equity Rocket WealthBasket
FtM Equity Rocket WealthBasket uses Artificial Intelligence (AI) to select a combination of stock recommendations from Large-Cap, Mid-Cap, Small-Cap and True Value to provide a diversified portfolio of 10 stocks. The portfolio construction module selects the best combination of stocks across the categories and applies filters to ensure diversification and enhance risk-adjusted returns.
FtM Equity Rocket WealthBasket is diversified in a way to outperform on the upside and reduce the risk of a significant, sustained drawdown. The WealthBasket has been known to deliver a 69% CAGR historically.
Here’s how the portfolio has been performing since its inception:
Here’s a look at the features of FtM Equity Rocket WealthBasket:
- Number of stocks in the portfolio: Approx 10
- Rebalancing frequency: Discretionary
- Pricing: INR 2,100/6 months
FD Beater WealthBasket
The FD Beater WealthBasket is a free subscription WealthBasket that aims to beat FD returns with a diversified portfolio of Gold, Indian & Global equities. The objective of the portfolio is to minimize drawdown risk in peak market phases whilst looking to capture returns during consolidation phases through greater exposure to equities.
Take a look at how the portfolio has performed in the past:
Here’s a look at the features of FD Beater WealthBasket
- Number of ETFs in the portfolio: Approx 4
- Rebalancing frequency: Discretionary
- Pricing: Free
What is a WealthBasket?
WealthBaskets are research-backed basket of stocks or ETFs created by SEBI-Registered professionals, keeping in mind an investment strategy, theme, or idea that will help you build a short-term or a long-term portfolio.
Investing directly in stocks and ETFs is often a time-consuming affair as investors need to do a thorough research before buying an individual stock or ETF. WealthBasket solves this problem as experts have created these baskets after extensive research of the company fundamentals and market conditions. With WealthBaskets, investors don’t have to worry about the changing market conditions or tracking stocks as all the baskets are periodically reviewed in simple steps.
The WealthBasket portfolio is completely transparent. The stocks that form a part of the WealthBasket actually reside in the user’s Demat account. This way a user is always aware of what he/she is holding. Also if you want to exit a particular stock in your WealthBasket, you can do so without any exit load.
Users can choose a basket, based on a theme, investment strategy, or even capacity to take risks. Head over to the article to understand the different types of WealthBaskets available.
The FtM Equity Rocket & FD Beater WealthBaskets is live on Paytm Money Andorid and iOS apps. This blog post covers the steps involved while investing in a WealthBasket through the Paytm Money app.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. Representations made about the performance are not indicative of future results. The WealthDesk Platform facilitates offering of WealthBaskets by the SEBI-registered entities. Paytm Money Ltd is acting just as a facilitator and any complaint, disputes with respect to dealing with Wealthdesk, the same would not be entertained by the Exchange. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532. NSE (90165), BSE(6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. T&C apply.