MarketsMojo launches Free Mutual Fund Investment Platform MOJOMF
MarketsMojo, well-renowned for its analytics-based research and investment advisory services, has announced a new platform called MOJOMF to make mutual fund investments simplified and comprehensible. MOJOMF is set up to be an end-to-end advisory solution on mutual fund investments that would help in choosing ways to increase returns, more so known as generating alpha from investments.
Its key objectives include attracting a more diverse investor base, particularly young individuals, by simplifying the way to invest and offering consultancy services at no cost. MOJOMF offers a straightforward-to-understand mutual fund scoring system similar to the Mojo Score for the rating of stocks. This makes it easier for investors to compare various funds in the shortest time possible and choose the most promising ones that best suit their investment goals.
The Group CEO of MarketsMojo expressed that MOJOMF provides Mutual Fund Baskets, which are curated selections of top-performing mutual funds tailored to match an individual’s risk tolerance and investment objectives. Instead of overwhelming investors with thousands of fund options, MOJOMF offers a focused selection that simplifies the investment process and improves efficiency.
It also allows seamless integration where a user would be able to import his current mutual funds holding very easily into the MOJOMF system. Extensive research has been done on over 4,000 mutual fund schemes across equity, debt, hybrid, and other categories to ensure that investors have access to all relevant information.
Going forward, MarketsMojo will be starting to slowly provide comprehensive wealth management services. First, it will be offering mutual funds and then will evolve into advisory for the full family portfolio, including risk profiling, to introduce other investment products like bonds and corporate fixed deposits.
