Trendlyne, India’s main analytics platform for buyers and merchants launches Starfolio, a basket-investing product now obtainable to buyers and brokerages free of charge. With Starfolio, buyers should purchase featured Starfolio baskets or create their very own baskets. They can add and take away shares or ETFs within the basket, and likewise set cease loss and rebalancing reminders. Investors should purchase and promote baskets by way of six linked brokers – IIFL, 5Paisa, Fyers, Motilal Oswal, Zerodha and Angel One.
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Trendlyne Launches Starfolio
Starfolio can be obtainable for companies as a widget and API plugins.
Trendlyne, India’s analytics platform for buyers and merchants, has seen speedy development previously 12 months, with over 300 million web page/display screen views over 12 months on its website and cellular app. It is now among the many high 50 web sites in India within the investing area; the Trendlyne Markets app, which launched lately on the Google Play retailer, already has excessive scores and over half a million downloads.
Trendlyne’s B2B enterprise counts India’s main brokerages amongst its clients, together with ICICI Securities, Kotak Securities, HDFC Securities, 5Paisa, Motilal Oswal, IIFL, Fyers, SBI Capital, Edelweiss, and several other others. Trendlyne serves over 500 million APIs and web page views each month to its B2B clients.
Amber Pabreja, the CEO and Co-founder of Trendlyne stated, “We launched Starfolio to complete the product loop from analytics to transactions for investors, so that they can manage their portfolios more easily on Trendlyne. Investors can now log onto Trendlyne and easily buy and sell their screeners, watchlists or lists of stocks, using their preferred brokers.”
Starfolio permits theme-based investing, administration of various portfolios inside a household, and administration of portfolios on completely different dealer accounts. For occasion, a person could also be investing in a theme just like the auto sector. To do that, buyers can create a basket of auto shares from scratch, or export the watchlist of auto shares they’ve created on Trendlyne into a Starfolio basket.
Once they’ve saved and invested within the basket, the analytics for these shares is individually obtainable from their total portfolio. Tracking and comparability turns into a lot simpler.
Tendlyne is a worthwhile firm and the aim from the beginning has been to market-test merchandise to construct a sustainable enterprise. Trendlyne has constructed leading edge merchandise within the inventory market and mutual funds area, encompassing inventory scores, screeners, backtesting, Alpha Alerts (actual time alerts throughout structured and unstructured information), inventory insights, in addition to forward-looking merchandise in consensus estimates and analyst calls.