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.
| Ratings | |
| Criteria | Ratings |
| Processes | 7.6/10 |
| Usability | 7.2/10 |
| Features | 7.3/10 |
| Accuracy | 7.6/10 |
| Performance | 7.3/10 |
| Overall Ratings | 7.3/10 |
| Star Ratings | ★★★★★ |
Sharekhan is one of the biggest private full-service brokers in India which has been in operation since back in the year 2000. It provides its 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 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!
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 the risk profiles of the user.
The features of Sharekhan NEO are as follows: –
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 investment portfolios based on your goal and also sticks with your preferred risk profile. So it will not recommend a conservative investor to volatile stocks and vice versa.
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.
NEO has built-in tracking tools to help you to review your investment portfolio and check its 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.
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 adding 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.
Sharekhan NEO is a web application just like the 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: –
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.
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:-
That’s all you need to do to create a Sharekhan online account to start using the Sharekhan NEO tool by Sharekhan.
There are many tools in the stock market industry which provide you with automated options to invest in pre-made portfolios by entering your goals and risk portfolio. So why should you go with the Sharekhan NEO tool? In this section, we are going to discuss the advantages of the 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 watching 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 is a seasoned stock broking firm which has been in operation for 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!
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