Bharosa Club, a Registered Investment Advisory (RIA) firm, has launched a free online portfolio check for mutual fund investors, says a press release issued by the company.
This facility is aimed to help investors evaluate their portfolio on five parameters - asset allocation, commissions, fund performance, liquidity and diversification.
In a press release, the company said that investors just need to upload their CAMS account statement on the companys website, and they will instantly get a portfolio check done for their mutual fund investments on key parameters to determine their financial wellness. The company gives each investor a score based on the above parameters through which an investor can evaluate the overall health of their portfolio.
After the portfolio check by the company, investors are free to decide on the next step - they can consult their existing advisors, make changes themselves on Bharosa website or take the companys assistance in migrating their portfolio depending upon their score.
Bharosa Club is founded by ex-Paypal founding team member Sanjay Bhargava.