Axis Securities has announced the launch of Axis Intellect (AI), research-based investment baskets powered by their in-house proprietary model. Axis Intellect (AI) shortlists stocks by analysing over 1.5 million data points to deliver better potential returns in the long term, the company announced.
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“With AI-based investments, retail investors can now seize attractive opportunities in the stock market by leveraging the power of Artificial Intelligence and Machine Learning. This AI-based investment constantly tracks the live market to analyse stocks based on globally accepted factors such as value, growth, quality, momentum, low volatility, high beta, dividend yield, size, and earnings momentum,” Axis Securities said.
As per the investment requirements and the risk profile, investors can choose from Balanced AI or Aggressive AI baskets, with committed investment sizes starting at as low as Rs 2 lakh.
“Through an automated elimination process, AI Research-based Investment Baskets avoid low-quality and high volatility stocks to ensure risk-adjusted investments,” the brokerage added.
Speaking on the launch, B Gopkumar, MD & CEO, Axis Securities, said, “With the launch of Axis Intellect (AI), we have leveraged our in-house research capabilities and digital prowess to design this cutting-edge product for our customers. Powered by our proprietary model, these investment baskets can offer better potential gains for our investors in the long term. These AI and ML-driven investments can be a game-changer in the ever-evolving market scenario.”