On­line MF Plat­form Scrip­box Launches App ‘Takecharge’

The Economic Times - - Disruption: Startups & Tech -

On­line mu­tual fund in­vest­ment plat­form Scrip­box has launched ‘Takecharge’, an An­droid-based mo­bile app that en­ables users to make in­vest­ment de­ci­sions, re­ports Shash­wati Shankar. The ap­pli­ca­tion fo­cuses on pro­vid­ing jar­gon-free in­for­ma­tion to help users make ac­cu­rate in­vest­ment de­ci­sions, de­ter­mine the kind of mu­tual funds to in­vest in and will also pro­vide an­nual rec­om­men­da­tions on re­bal­anc­ing their port­fo­lio. “It isn’t easy for the end-user to pick from 8,000 mu­tual fund schemes, our al­go­rithm helps them make de­ci­sions at a quicker pace and en­sures least tax­a­tion upon in­vest­ments, as well as pro­vides rec­om­men­da­tions on the right time for credit with­drawal, ”said Ashok Kumar ER, CEO at Scrip­box. The mo­bile app is di­vided in to three ba­sic sec­tions, learn, plan and act.

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