Robonam Robo Advisory – Review, Benefits, Top Features, Set-up Process & more
Last Updated Date: Mar 04, 2022The robo advisory tool of Jainam Share Consultants is called Robonam Robo Advisory. It provides you with an automated investment portfolio to build wealth according to your risk profile. It is provided by Jainam Share Consultants who are a seasoned broker with around two decades of experience.
In this article, we are going to discuss about the features and advantages of Robonam and will help you with making an account with Jainam Share Consultants and will explain how to use the Robonam Robo Advisory tool.
Robonam Robo Advisory Review & Ratings
| Robonam Robo Advisory Ratings | |
| Criteria | Ratings |
| Processes | 6.5/10 |
| Usability | 6.4/10 |
| Features | 6.2/10 |
| Speed | 6.1/10 |
| Performance | 6.3/10 |
| Overall Ratings | 6.3/10 |
| Star Ratings | ★★★★★ |
About Robonam Robo Advisory
Jainam Share Consultants is a private full service stock broker which was established in Surat, Gujarat in the year 2003. It started with dealing in the equities markets, but nowadays the firm deals in both equities as well as commodities.
They are a part of the BSE and NSE as well as the Multi Commodity Stock Exchange. They are also a depository participant in the Central Depository Services Limited (CDSL) and acts as a medium between clients and the CDSL.
Robonam is a robo advisory tool that can be used the clients of Jainam Share Consultants. It is a type of financial advisor tool which requires little input from the users and uses artificial intelligence and machine learning models to prepare a suggested investment portfolio for the clients based on their individual preferences, goals, as well as their risk profile.
The Robonam tool can be used to automatically manage the clients’ assets according to changes in the market.
Get Free Access to Robonam Robo Advisory – Open Demat Account Now!
Jainam Robo Advisory Platform – Top Features
The advantage of Jainam Share Consultants Robonam over other robo advisory tools in the market is that it has five different investment portfolios based on different risk profile of the investors. These five portfolios are: –
Conservative Portfolio
The conservative portfolio is aimed towards clients who think that safety is paramount. The economic rate of return (ERR) for this portfolio is 10 percent and the debt is 6.5 percent.
This portfolio doesn’t allow Robonam to invest in stocks which can be volatile rather it will invest in low risk securities.
Passive Portfolio
The passive portfolio is for those customers who want to get the best of both worlds. It provides stable wealth using a mix of debt as well as equity.
It is an ideal choice for people who don’t want to shift their fund allocation between debt and equity from time to time. The economic rate of return (ERR) for this portfolio is 11 percent and the debt is 6.5 percent.
Balanced Portfolio
The balanced portfolio is for the clients who are cautiously optimistic on the markets. The balanced portfolio suits those who want to invest in stable large-cap stocks.
It is for people who want income, safety and modest capital appreciation. The economic rate of return (ERR) for this portfolio is 12 percent and the debt is 6.5 percent.
Growth Portfolio
The Equity growth portfolio is for people who want to take mild risks in investment along with moderate stability in their returns. The economic rate of return (ERR) for this portfolio is 13 percent and the debt is 6.5 percent.
Adventurous Portfolio
The adventurous portfolio is for the young and restless clients. This portfolio is for aggressive investors and people who believe in taking risks; because higher the risk involved, higher are the returns expected.
The economic rate of return (ERR) for this portfolio is a whopping 14 percent and the debt is 6.5 percent.
How to Set-Up Robonam Robo Advisory Platform?
The Robonam tool by Jainam Share Consultants is an automated robo advisor but it requires some setting up to work. It requires some input from the clients to know about their goals, spending limits, as well as their risk profile.
This is done by asking a series of questions from the clients during the set up process. Let’s go through the process of setting up the Robonam Robo Advisory tool by Jainam Share Consultants.
To set up the Robonam tool, follow these steps: –
- Visit the official website of Jainam Share Consultants i.e. Jainam.in
- Go to the header of the page and click on Robonam.
- Now the Robonam page will load up, here you have to click on the button that says “Lets Talk And Do Your Dream Planning”.
- In the next page, you have to enter your name. Enter your full name and press Enter to proceed.
- Now, you have to enter your age. Enter your Age and press Enter, gender by clicking the appropriate icon, Enter your marital status by clicking on the icon.
- And Enter your marital status by clicking on the icon.
- Now, you have to enter your current income sources and the amount you receive from them.
- Robonam asks you for your goal, you can select anything from buying a Dream House to Building Wealth whichever suits you.
- Once you have entered all the details about your goal, you will be presented with different portfolios based on risk profiles, choose whichever you like and then press on the quick buy button.
This is how you can build your investment portfolio using the Robonam robo advisor tool by Jainam Share Consultants.
Advantages of Jainam Robo Advisory Platform
The robo advisory tool by Jainam Share Consultants utilizes the latest artificial intelligence technology to ensure that their clients gain the maximum profit. This is possible due to the extensive list of features that the tool provides for their clients to rely on.
Some of the advantages of the Robonam tool by Jainam Share Consultants are: –
Active Management of your portfolio: Every investor’s portfolio is filled with some underperforming assets that can prove to be losses in the long run. Due to the active management of your portfolio by Robonam, it can shift the funds from these underperforming assets into profitable assets that can be of profit.
These things can be done manually but for you to manually manage your portfolio, you will have to do some research and diligently act upon the results of that research. Robonam does that for you automatically.
Algorithms for different risk levels: Most robot advisory tools for stock broking are suited for the high risk taking clients who can risk losing all of their investment in the hopes for a big return.
But Robonam by Jainam Share Consultants provides investment options for clients will all risk levels. There are five different investment plans for every client looking to invest using Robonam.
Robonam Robo Advisory Platform – Conclusion
The robo advisory tool by Jainam Share Consultants, Robonam is a modern investment tool which uses latest technologies and algorithms to gauge the market and provides the users with an investment portfolio without any intervention from a stock broker.
It is the future of stock broking and it is good to see that a seasoned broker like Jainam Share Consultants is using artificial intelligence to suggest portfolios to their users.
Get Free Access to Robonam Robo Advisory – Open Demat Account Now!
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