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Investing online? 3 things to know
Scripbox, which only offers mutual funds, allows investment in a basket of up to four funds, which are pre-selected scientifically and considers only the schemes that have consistently outperformed the Nifty in the past. The performance is reviewed annually, and if the rules determine that a previously selected fund should no longer be a part of the basket, the investor is given the option to exit and invest in a revised basket or stay with the old one.
Online investing: Tips to manage your investments through portals
Do you put off investments just because it entails several trips to offices and filling up of innumerable forms? While a financial adviser can be of help, not many people have one. It can be even more challenging if you are considering investing in multiple products. It is for such people that online investment works best.
Product crack - Scripbox
In between financial planners who design a financial plan for you, taking into account your income and expenditure on one side and your mutual fund (MF) distributor who just gives you the forms of MF schemes that you want to invest in on the other side comes Scripbox.
Now buy better performing mutual funds online with Bangalore based Scripbox
To simplify the investment process, Bangalore based Scripbox wants to break the clutter and give you a single basket of 4 scientifically selected funds. Scripbox has taken the approach of reducing the scope of the decision making itself.