India-based Serenity Wealth has introduced a do-it-yourself (DIY) online wealth management toolkit, dubbed SereneKit DIY, to help users in developing investment plans.
The new online wealth self-management toolkit will also help clients to manage investments that are self-tailored to meet their individual risks and requirements.
Serenity Wealth founder Ashish Khetan conceptualised the new solution. A team comprising domain experts, interface designers, and technologists developed it.
The toolkit features a web-based application, which has been designed to work seamlessly across desktop browsers, tablets as well as smartphones.
Khetan stated: “SereneKit DIY aims to guide, enable, and empower the average Indian investor#, who is today deprived of holistic & non-conflicted advice, to self-manage their wealth. It is a condensed essence of the processes, tools, and methods that I have been using to manage my clients over the past 25 years.”
Based on the framework of required rate of return rather than unquantifiable promises of returns, SereneKit DIY aids investors in calculating the lowest expected return on investment that aligns with their self-determined risk levels.
The toolkit will allow users to generate tailored plans according to their specific short-term and long-term wealth requirements and goals.
SereneKit DIY works on the company’s risk assessment tool, which is a software as a service (SaaS)-based and algorithm-powered questionnaire, operating on the new framework of minimum required rate of return.
It is priced at a fee of INR12,000 ($144.38) per annum for the 100 clients to onboard in the first phase over the next few weeks.
Based in Mumbai, Serenity Wealth supports and allows every investor from beginners to HNIs, family offices, and corporates to attain their financial life goals optimised to their own risk-reward preferences.
