Algonauts Advisory is an automated AI-based investment service that manages your equity investment based on your risk profile, your investment amount, your time horizon, and your time of entry.
Algonauts Advisory system’s focus is to maximize your stock market returns while protecting capital.
It has a total of 40 portfolios that cater to various risk profiles.
Select long term if you require your money back only after three years while short term is meant for those who may want to invest for a shorter time period.
Once you select the portfolio, you can fill in your investment amount in the dashboard. The investment amount could go as low as Rs.5000.
Algonauts AI system will manage your portfolio through emails that will instruct you on what stocks to buy and sell along with their quantities.
The emails will come daily for short-term portfolios and weekly for long-term portfolios.
In case you worry about execution, Algonauts Advisory has tied up with 14 top brokers to provide you with one-touch execution on their platform – Zerodha, HDFC Securities, ICICI Securities, Axis Securities, Angel Broking, Motilal Oswal, IIFL, Edelweiss, Upstox, Groww, 5paisa, Kotak Securities, Alice Blue, and Trustline.
The one-touch system would enable you to execute the longest list of orders with one click within 90 seconds.
In case you are worried about entrusting your money with an unknown AI system, you could sign-up for free paper trading within the system for three months.
You could join up once you are completely satisfied on how the system functions.
Portfolio costs range from Rs.3,000-12,000 p.a. payable every six months.