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Sharekhan’s InvesTiger App to Offer Select ETF and MF Baskets to Make Investing Effortless for Retail Investors

August 01, 2023 08:40 PM AEST | By Businesswire India
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 Sharekhan’s InvesTiger App to Offer Select ETF and MF Baskets to Make Investing Effortless for Retail Investors
Image source: Businesswire India
Business Wire India
Sharekhan, one of India’s most respected full-service online brokerage houses, will now offer select ETFs and solution-oriented mutual fund baskets in its InvesTiger App, which provides professionally curated baskets of stocks for retail investors.
 
Celebrating the first anniversary of the InvesTiger app, Sharekhan brings new offerings for the success of its retail investors. Launched in June 2022, the InvesTiger app has improved the investment landscape for medium and long-term retail investors.
 
To mark this occasion, Sharekhan has taken a step towards making investment decisions easier for retail customers by adding ETFs and solutions-focused MF, besides the existing stock baskets in InvesTiger. Ranging from direct equities to passive products like ETFs and goal-based mutual funds, the purpose is to provide a comprehensive bouquet of investment solutions for every class of retail investors. Investors can now explore passive investment opportunities and diversify their portfolios with this innovative product, which enables them to align their investments with specific financial objectives.
 
Key highlights basis the first year’s performance of InvesTiger:
 
  • All stock baskets under the Premier Category (namely Power Portfolio, Star Portfolio, Top Picks and Emerging Stars) have beaten benchmark indices across all the periods (3 months, 6 months, 1 year and since inception).
  • Two of the popular stock baskets generated solid returns of 30-34% in the past year, with Power Portfolio outperforming benchmark indices by +8.1% and Economic Recovery Picks by +12% during the period.

Gaurav Dua, Senior Vice President and Head of Capital Markets Strategy at Sharekhan by BNP Paribas said: “InvesTiger is a hassle-free way of investing in a portfolio of well-researched stocks in a disciplined manner, effectively leveraging the promising investment opportunities available in the Indian equities market. Our endeavour is to continuously innovate, offering better features and a wider range of offerings to enhance the customer experience and provide a delightful investment journey.”

The 3 things that the InvesTiger app is designed to make effortless are:
  • Identifying the right stocks from the right sectors:
    • The InvesTiger app offers solid hand-picked stock baskets derived from Sharekhan's in-house research base
  • Regularly tracking the stocks purchased:
    • Investors can sit back and relax as Sharekhan’s expert investment team actively monitors each stock basket
  • Taking timely action on stocks based on market conditions:
    • Users receive instant stock basket buy/sell alerts via app notifications and SMS, along with detailed rationale derived from comprehensive research reports. Execution within the app is simplified through a straightforward 2-step order placement and portfolio rebalancing process

Jaideep Arora, CEO, Sharekhan by BNP Paribas said: “The appetite of retail investors for equities is growing steadily, and to manage risks effectively, they need solutions backed by experts that are easy to use and monitor. InvesTiger is an app-first solution that caters to those with a serious mindset, leveraging the expertise and experience of our research team. The equities market not only provides an opportunity for retail investors to participate in India’s growth story but also allows their savings to grow to combat inflation.”

Investors can start their journey by investing in a stock basket for as low as Rs. 50,000. With just 0.5% brokerage charges, no lock-in period, no profit sharing, and no management fee, InvesTiger aims to maximize net returns for its valued investors. With over 28 lakh clients, 130+ branches, and 4000+ business partners, Sharekhan has been championing online trading since 2000.

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Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC

"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium do Kalkine que laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui do Kalkine Media quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui do Kalkine eum fugiat quo voluptas nulla pariatur?"

1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

1914 translation by H. Rackham

"But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?"

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