In India, mutual fund investments are one of the most popular forms of investment. Why? Investing in mutual funds is easy, and requires minimum effort and general information about the market. The best feature is anyone can start investing in mutual fund with as low as Rs.100 every month and delivers capital appreciation.
Marking its establishment in 1963, the Mutual Fund industry started to become popular in the year 2000. Every age group, irrespective of their current income is now invested in Mutual Fund scheme either through SIP (Systematic investment plan) or Lumpsum way. While traditional mutual fund investments are handled by fund manager (the person that manages a person's mutual fund). Choosing the right mutual fund category such as equity fund or stock fund, money market fund, bond fund, income fund, hybrid fund, balanced fund, fixed income fund etc. to invest in can be difficult or confusing.
Another challenge is- all the investments are subjected to market risk. This means any investment in mutual funds is dependent on market conditions. When these market conditions become volatile, your investment becomes risky gets negatively affected, hence neither returns nor invested capital is safe.
To overcome these challenges, 5nance has introduced Artificial intelligence (AI) powered Mutual Fund investment- Algrow for every type of mutual fund investor.
What is Algrow?
After careful research of more than 20 years about the market, 5nance introduced Algrow- AI-powered Mutual Fund Portfolio Management for investors who are concerned about their invested capital and returns on their portfolio. Not only this, but since AlGrow is based on Artificial Intelligence (AI) technology, it eliminates the manual tracking of the market at any time.
Eliminating manual market tracking means you can stay invested in AlGrow without constantly worrying about emerging market conditions and its invested capital. Artificial Intelligence can detect the volatility of the market and allows you to switch between funds to protect invested capital and deliver returns.
What are the features of Algrow?
Algrow is the new age mutual fund investment planning solution. The investment objectives, terms and conditions are the same as any traditional mutual funds. Like any other mutual fund investment, it is subjected to market risks so it is better to read the investment document carefully before investing in it.
In an AlGrow investment, you can start investing with SIP (Systematic Investment Plan)Rs. 2000 or through Lumpsum Rs. 25000. The exceptional features of Algrow are:
- It hedge against risk from the market volatility.
- It has no lock-in period, though it is suggested to stay invested in Algrow for three years to enjoy the maximum benefits.
- In Algrow investment, an active advisory from the market experts plays an important role.
- Volatile markets? Worried about invested capital will get negatively affected? You can switch from one fund to another that is performing well with minimal risk.
Algrow is similar to any other mutual fund except for a new-age AI based investment solution. When you invest in Algrow you are investing in mutual funds, except that you are now less worried about your invested capital and be guided by the financial experts to provide the right investment decisions.
Get started investing in Algrow now!