RankMF
Type of site | Private |
|---|---|
| Founded | 2018 |
| Headquarters | , |
| Founder(s) | Jimeet Modi |
| Key people | Omkeshwar Singh |
| Industry | Mutual Fund |
| Services | Mutual Funds |
| Website | www |
RankMF is a Mutual Fund research & Investment platform created by Samco. The company claims it to be the best mutual fund investment application as it uses a proprietary algorithm named Smart SIP, which can additionally generate a return of 5.9%[1]
History
RankMF was made public for investors in November 2018 by Samco Securities [2]
Features of RankMF
RankMF has the following features:-
- Smart SIP: It is an automated SIP and helps investors by providing signals like ‘like’, ‘skip’, ‘dislike’, ‘2 likes’ based on current market conditions. The algorithm is backed by a margin of safety index that identifies severe market fluctuations [3]
- Strength Indicator: It indicates the fund’s strength based on several data points like Quality of Portfolio, Interest Rate Risk, Volatility, Ability to generate returns at lower risk and more.
- Portfolio Health Checker: The investor can upload their CAS/ NSDL or CDSL Demat Statements that can help track their funds’ overall strength in their portfolio.
- MosDEX - Margin of Safety Index: Estimates the price and gain of the fund scheme over a time frame and, on occasions of extreme exuberance with a negative margin of safety, recommends stopping investment in such fund schemes[4].
Mutual Fund Baskets
These baskets are a combination of mutual fund schemes that are grouped to meet investors’ goals based on time horizon, retirement goal, target corpus, risk appetite etc. For example- Target Corpus Funds, Retirement Focus Funds, Time Horizon Funds, Best Funds for Tax Saving and more.
See also
References
- ↑ Mahesh, Prashant (2018-12-06). "Use SIP variants to earn more". The Economic Times. Retrieved 2019-01-21.
- ↑ "Samco Securities keen to make a mark in mutual fund ranking space; launches RankMF". Moneycontrol. Retrieved 2019-01-21.
- ↑ "Samco Securities launches automated mutual fund R&D, distribution platform". The Financial Express. 2018-11-29. Retrieved 2019-01-21.
- ↑ "www.RankMf.com answers the most popular question today – "Kaunsa Mutual Fund Sahi hai"". Retrieved 2019-01-21.
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