Mumbai, June 30, 2017: Angel Broking, India’s top retail focused investing firm’s hero product ARQ, has outperformed yet again despite the cautious nature of the stock market since the past year. ARQ Midcap Stocks outpaced the benchmark Nifty Midcap 100 by 8.87%, delivering 42.66% returns in the span of one year.
With an aim to build the company’s vision of ‘Digital Revolution’, almost two years ago, Angel Broking launched their champion product ‘ARQ’, a data-backed machine intelligence mobile application that derived personalised recommendations for its users. This first-of-its-kind, intelligent and predictive Wealth Management engine has already begun to change the industry dynamics by an excellent margin with its remarkable numbers standing as a testimony to the vision behind it.
ARQ Midcap Stocks performance indicates the steady pace at which the investment engine is gaining momentum in the market. The results towards the end of June 2017, suggest that if an investor may have invested a sum of INR 1 lakh in the ARQ Midcap Stocks at the beginning of June 2016, his returns today would have surged by 42.66%, thereby enabling the investor a high profit margin. ARQ has managed to successfully leverage the issues of non-flexibility and ‘off-the-shelf’ advices that retail investors previously faced and turned it into an opportunity by providing customized solutions for individual investors, thereby gaining credibility in the market.
The performance of ARQ Fundamental Stocks has been praiseworthy as well with it yielding an output of 13.24% against the market assessment of 7.66% in a mere span of 4 months. Additionally, since their introduction 10 months ago, ARQ Value Stocks and ARQ Quality Stocks, have witnessed a return of 29.09% and 25.20% respectively. A positive improvement could be witnessed in consumer engagement levels post Angel Broking’s stance to kick-start and lead the ‘Digital Revolution’ in the country.
Mr. Vaibhav Agrawal, Head of Research and ARQ at Angel Broking believes that, “ARQ is a combination of deep seated industry analysis, and advanced algorithms that enable personalized investment advice at zero or minimal cost. The product was envisioned to be a disruptor and make the consumer agile and robust in terms of investments, and ARQ has already begun delivering results on that front. The performance witnessed by ARQ against the benchmark index has been praiseworthy. It goes on to show that the Indian consumer is more receptive towards not just technology, but data-backed technology that will deliver key results, especially during market volatility.”
ARQ’s recommendations for the Mutual Funds have exceeded its’ own yardstick and has been scaling new heights with each passing quarter. The hi-tech automated investment machine aims at ushering in a new wave of diligent and disciplined investing in the Indian stock broking industry.
About Angel Broking
Angel Broking Pvt. Ltd., is today one of the leading Indian stock broking houses, with a focus on retail business and a commitment to provide “real value for money” to its clients. The Angel Broking Group is a member of the BSE, NSE and the country’s two leading commodity exchanges, the NCDEX and MCX. Angel Broking provides a wide range of personalized wealth-management and investment services to its retail clients. These include Stock and Commodity Trading, Portfolio Advisory and Management Services, Investment Advisory Services, Distribution of Mutual Funds, IPOs, Personal Loans and Insurance, as well as E-broking & Depository services – all supported by intensive research and a six sigma-backed Quality Assurance program. Angel Broking Group provides its value-added services to over 1 million individual retail investors through its nationwide network of 132 branches, including 17 regional hubs 9000+ registered sub-brokers/business associates and all India employee strength of 3500+. Angel Broking has one of the largest trading terminal bases (16,308 terminals) in the country, and the largest sub-broker network on the NSE, clocking one of the largest volumes in the industry. The company’s shareholders include International Finance Corporation (IFC), the private investment arm of the World Bank.
For more details please contact:
Jayesh Shinde: Group Head - Corporate Communications,
Angel Broking Pvt Ltd +91 9867779919 | email@example.com
Jennifer Cardoz: Sr. Manager- Corporate Communications,
Angel Broking Pvt Ltd +91 9819525407 | Jennifer.firstname.lastname@example.org