Mobile apps to invest on your behalf using AI

CHENNAI: Trust a bot with your money? Well for a lot of people there is safety and financial security in human-un accessed information, generated by artificial intelligence.At UpStox (formerly known as RKSV) their latest trading mobile app “UpStox Invest,” comes with the promise of robotic advice, untinted by human bias or prejudice.And how do the bots decide how to invest for you? “By intense profiling. We have a very dynamic set of questions that we ask. And the set of questions could keep varying based on the responses given, so that our intelligence network identifies if you are a risk-taker or risk-averse trader. Based on the profiling, our robots will decide on the mix of equity, debt funds for your investment,” says Ravi Kumar, co-founder of UpStox.At UpStox, users are…


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