Founded on principles.
Our Founders started Scripbox to solve a very real wealth management problem: Human bias.
With 100+ years of investing experience between them, the founding principle at Scripbox is to help you invest smarter with the power of science. So, go ahead, accomplish all that matters to you without getting lost in a jargon-heavy maze.
A time-tested investment strategy. Revolutionised by technology.
Our wealth management strategies are rooted in tested-and-proven research and methods. We bring these strategies to life with technology, so that you get automated best practices to take your investment journey to a new high.
As your client managers, we do all of this and more.Schedule a call
or call us at 1800-102-1265
Scripbox’s promise of right wealth management and investments for your objectives begins with asset allocation, or building a diversified portfolio with the right asset and sub-asset classes. You need different asset classes to fulfil different roles within the portfolio. For eg., Scripbox Long Term Wealth is a portfolio that gives inflation-beating returns along with stability for long-term goals, such as, retirement, child’s education, etc. 50% of the portfolio is allocated to stable, large-cap funds while 50% is growth-driving, diversified multi-cap funds.
The science is in optimising the right asset class and the allocation ratio for each. With our Glide Paths, we also help you move your investments to lesser-risk asset classes as you near your goal, besides regular rebalancing of your portfolio to ensure an asset allocation most suited to your life’s needs.
Algorithmic Product Selection
After the asset allocation, our proprietary algorithm chooses the best products, viz, mutual funds within each asset class for you. Considering hundreds of mutual funds in India, selecting the right ones is a process!
Certain fundamentals observed while arriving at the mutual funds include:
Active Portfolio Management
We use the power of science (and good conscience!) to de-risk and manage your portfolio. In the Scripbox Annual Review™ , our algorithms check on previous year’s mutual fund recommendations for bad performance, or other danger signs. The algorithm then recommends new funds, if needed.
Thrice a year, the algorithm runs the personalised Scripbox Portfolio Scan™ to identify if you need to exit any underperforming funds and/or declutter your portfolio of funds with smaller amounts. You are then prompted to re-invest this amount into new recommended funds. These measures ensure that you stay invested in only the right funds.
At Scripbox, we don’t just help you invest in the right funds, but also ensure that your exit is tax-optimised and intelligent.
With Scripbox Smart Withdraw™ , we ensure that you only withdraw from funds with minimal tax implications and reduce your long-term capital gains.
Our algorithms also track the possible impact of capital gains, and alert you about the same at the time of withdrawals.
Frequently asked questions
What are Scripbox's credentials?
What is Scripbox Portfolio Scan? How will it help me?
You will get:
- Personalised fund reviews: Periodic reviews and continuous monitoring of the funds you’ve invested in.
- Portfolio realignment: Exiting under-performers and aligning your investments to recommended funds.
- Portfolio decluttering: Exiting funds with small investments.
While we continuously monitor your portfolio, we run the ‘Scripbox Portfolio Scan’ thrice a year and will let you know if any action is required.
If the mutual fund company is paying you, how can I be assured that you won’t sell me investments where you make the most commission?
How often will you review the funds you are recommending?
At the end of 12 months, we will ask you to “Replan”. In this, you will take stock of your progress, the changes in planning assumptions and the amount you need to invest given the changes.
What are tax optimized withdrawals?
Why does Scripbox always recommend the Growth option over the Dividend option of a mutual fund?
- Compounding: In the Growth option, your returns are reinvested in the fund. This ensures that it grows at a faster rate (than if no reinvestments happened) and with time, this effect is cumulative. Like a snowball rolling down the hill - the more it travels, the bigger it gets.
- Taxation: In the Growth option, the returns are treated as capital gains on withdrawal, and taxed at 10% for a holding period of more than 1 year, on gains of more than Rs 1 lakh. In the Dividend option, you have to pay tax on the dividends as per your tax slab, as well as capital gains tax on the returns on withdrawal.