Motilal Oswal Securities (MOSL), part of Motilal Oswal Financial Services (MOFSL) has reportedly launched an automated and personalised financial planning tool Target Investment Plan (TIP) that uses robo advisory to understand client’s future goals and accordingly make calculated suggestions regarding the right investment portfolio suited for them in mutual funds.
TIP offers end-to-end solutions from goal profiling, to making recommendations, registration, investment, tracking and portfolio re-balancing. It can be accessed from Motilal Oswal’s mobile and web platforms. The product also allows the user to opt for dynamic investment plan instead of the regular SIP plans.
Motilal Oswal Financial Services offers a wide range of financial services such as wealth management, broking and distribution, commodity broking, portfolio management services, institutional equities, private equity and investment banking services. It offers wealth management services under the name Purple.
