Wealthy Nivesh’s Algo-Driven Staggered Investment Approach Outperforms Market Benchmarks During Global Downturn
ABP NewsNew Delhi: Wealthy Nivesh is an investment advisory firm run by IIT and ISB Alumni. The company’s algo driven staggered investment approach has managed to significantly outperform and protect the customer’s wealth when the markets across the globe took a major hit. Despite the Indian markets down by 13% since December 11, 2022, WN’s investment approach allowed its investors to make a 2% absolute return in the same period, resulting in a 15% absolute alpha over the last 4 months. The company's staggered investment approach in its pioneer all-cap basket allowed investors to take advantage of market volatility and interest rate fluctuations during the difficult FY2022-23. Wealthy Nivesh selects its mutual funds and build portfolio baskets based on its in-house quantitative model followed by a thorough qualitative check.