Sharekhan NEO – Review, Benefits, Top Features, Set-up Process & more

Sharekhan NEO is a robo advisory platform developed by sharekhan which can help investors to reach their financial goals without any intervention from the investor themselves.

Sharekhan NEO automatically makes portfolios for the investors to choose from and invest in. It assesses your risk profile and suggests an investment plan for that particular risk profile.

Sharekhan Offers & Complaints


Sharekhan NEO Review & Ratings

Ratings
CriteriaRatings
Processes7.6/10
Usability7.2/10
Features7.3/10
Accuracy7.6/10
Performance7.3/10
Overall Ratings7.3/10
Star Ratings★★★★★

About Sharekhan NEO

Sharekhan is one of the biggest private full service brokers in India which have been in operations since back in the year 2000. It provides their clients options to invest in various kinds of financial products like stocks, options, loans, currency, etc.

It is ranked 4th biggest private broker in India in terms of customer base right below Zerodha, ICICI Direct and HDFC Securities.

Sharekhan NEO is an automated trading tool which is made by Sharekhan for people who are looking for an automated service to grow their money without them themselves selecting the stocks or an investment portfolio.

This automatically comes up with an investment portfolio that matches the risk profile of the investor and gives them options to choose from different portfolios to invest in.


Get Free Access to Sharekhan NEO – Open Demat Account Now!

Fill Your Details Here
  1. Open Demat Account

Sharekhan NEO Features

The Sharekhan Robo Advisory tool is feature rich with many useful inbuilt tools that can make trading easier for investors with automated tools to select investment portfolios based on risk profiles of the user.

The features of Sharekhan NEO are as follows: –

Goal Planner and Risk Profiler:

You can achieve your monetary goals in a systematic and planned way using the Goal Planner and Risk Profiler feature by Sharekhan NEO.

It automatically suggests you investment portfolios based on your goal and also sticks with your preferred risk profile. So it will not recommend a conservative investor volatile stocks and vice versa.

Customised Investment Guide:

The Sharekhan NEO tool uses artificial intelligence algorithms to make a tailor made collection of investments for the clients it provides a customised investment guide for its users to follow and implement to meet their financial goals while keeping their risk profile in mind.

Regular Review of Portfolio and Recommendations:

NEO has built in tracking tools to help you to review your investment portfolio and check their performance. It also provides recommendations to buy or sell new products based on their recent performance in the market.

It makes sure that your goals are achieved within the set timeframe and suggests changes in your investment portfolio based on these factors.

Three Steps to Reach Your Goals:

Sharekhan NEO is a straightforward tool which helps you to reach your goals by automatically suggesting you an investment portfolio. There are only three steps to start investing with Sharekhan Robo Advisory.

First, you have to set a goal by selecting from a list of predefined goals or add your own goals. Second, the investors will have to answer a few questions that NEO asks and based on the answers, NEO plans an investment portfolio for the client.

Lastly, NEO will suggest you a list of investment portfolios, the client will have to go through the different investment portfolios and select one to start investing with Sharekhan NEO.


How to Set-up Sharekhan NEO?

Sharekhan NEO is a web application just like Sharekhan Investment cart. It does not need to be installed on your computer for you to use it.

It can be accessed by going to the website of Sharekhan but it needs the customers to have a Sharekhan online account in order for them to use it to start investing.

The steps to set up Sharekhan NEO are: –

  1. First, head to the official website of Sharekhan by entering the URL (Sharekhan.com) in your web browser.
  2. In the top right of the page, click on the tab that says Products and Services.
  3. In the Products and Services Tab, click on the link titled Sharekhan NEO under the heading of Sharekhan Products.
  4. Now, a page will open up with all of the features and necessary details regarding Sharekhan Robo Advisory, here you have to scroll down and click on the button that is labelled “Plan with NEO”.

You will be taken to the Sharekhan web application using which you can start investing using Sharekhan NEO. To do this, however, you will require a Sharekhan online account which we will make in the next section.


How to Own Sharekhan NEO?

As you may have read in the previous section, you need to have a Sharekhan Online account in order to use all of the features of Sharekhan NEO. So in this section, we are going to tell you how to make a Sharekhan Online account using which you can start investing in Sharekhan Robo Advisory.

To make a Sharekhan online account, follow these steps:-

  1. Find the button below that says “Open Demat Account”
  2. Fill up your details in the pop-up form.
  3. You will receive an SMS or call for account opening.
  4. You will be given an option to either open a trading account or an Insta MF account, select the option that says trading account to make a trading account.
  5. Now, you have to enter your basic personal details like Name, Email, Phone number, etc. Enter these details and select the button that says, “Open an account”.
  6. Now, you will get a confirmation email to activate your account. You have to click the unique link in the email to activate your Sharekhan online account.

That’s all you need to do to create a Sharekhan online account to start using Sharekhan NEO tool by Sharekhan.


Advantages of Sharekhan Robo Advisory Tool

There are many tools in the stock market industry which provides you with automated options to invest in pre made portfolios by entering your goals and risk portfolio. So why should you go with Sharekhan NEO tool? In this section, we are going to discuss the advantages of Sharekhan Robo Advisory tool over other automated investment tools in the market.

You are given a lot of options to invest using this tool. You have 3 options to choose from.

The first option is investing in lumpsum i.e. investing all of your savings at once and watches your investment grow. You can go with this option if you have a good amount of money in hand to invest.

The second option is to go with a Systematic Investment Plan (SIP) where you invest a fixed small amount of money every month towards your goal.

The third option is a mixture of lumpsum as well as SIP where you invest a lumpsum in the beginning and then invest a fixed amount each month on top of that. This kind of flexibility is not seen in any other similar automated investment tools in the market.


Sharekhan NEO Conclusion

Sharekhan are a seasoned stock broking firm which has been in operations since almost two decades and over the years they have released a range of products which make investment easier for their clients.

The Sharekhan NEO tool is a similar tool which makes the process of selecting stocks automated for the clients and makes their portfolio automatically based on their goals and risk portfolio.

Sharekhan NEO is a great tool for those who are new to the stock market and don’t know where to invest their money.


Get Free Access to Sharekhan NEO – Open Demat Account Now!

Fill Your Details Here
  1. Open Demat Account

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