• Mutual funds are popular investment vehicles. They are run by a Fund manager and a team of analysts who are experts in their domain. They build a portfolio of assets (holdings).Investing in mutual funds offer the safety net of fund manager’s expertise and diversification.
  • But this comes at a cost of paying high fees (2% or above/year) which severely eats into the returns of investors of these funds.
  • Mutual funds have to disclose their portfolio every quarter. This become publicly available information. What if we build a model that will analyse portfolio holdings of hundreds of funds across different asset class and risk profiles and generate customized portfolios.
  • These portfolios will be customized based on someone’s age, investment goal, risk tolerance etc. and for free. Investors can use these portfolios as reference to build their own investment nest egg without exorbitant fee that mutual funds charge