Question

With the advent of robo advisors, customised financial and investment advisory is just a click or a tap away. These advisory platforms dole out tailormade investment suggestions based on your goals, using an algorithm. ………………………………………………… . Based on the input data, the platform recommends suitable asset allocation and schemes for investment.

A There are three different fee models and charges depending on which one you choose.
B Besides on your life goals, they also get data such as your salary, investible surplus, age, investment horizon and risk appetite
C This is usually linked to the quantum of investments facilitated by the platform.
D Whenever a customer invests into a mutual fund scheme through the platform, the respective fund house pays the platform a commission
E None of these
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