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Which Company Launched First Fully Automated Investment Fund, 'The Ad Astra Fund'?
A)
Savart
B)
Stratmark
C)
Sreekavyam
D)
Shares Bazaar

Correct Answer :   Savart


Savart, one of India’s largest investment advisors, is all set to launch its unique Portfolio Management Service (PMS), The "Ad Astra Fund" on August 26 in Hyderabad.

Sankarsh Chanda, Founder & CEO of Savart briefed in detail about the launch event which is expected to be graced by the presence of eminent investors from across the country. This unique fund transforms the traditional human led investment research processes and increases the probability of achieving a superior return on investment.

The fund features end-to-end research automation, from investment opportunity discovery until exit i.e., the entire research and investment decision making is driven by their AI research system APART (Advanced Process Automation & Research Technology), which comprises of three engines:

Quant : This engine is responsible for all quantitative & mathematical analysis of securities including Profit & Loss, Balance Sheet, Cash Flow statements & over 2000 other parameters.

Iris : This engine interprets qualitative & abstract information like corporate governance, moat, sustainability, stakeholder relations, ethics and litigation pertaining to the promoters and the underlying asset, business from annual reports, con-call transcripts, social media & 4,000+ other sources.

Synapse : This engine functions similar to the nervous synapses of the human body, transmitting information between Quant & Iris, while making portfolio construction decisions including asset allocation, re-balancing & trade execution management..

Source : Telangana Today

Published On : September 2, 2023
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