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Investica, an online platform for mutual fund investment, has launched a first-of-its-kind algorithm-backed goal planning module for investors to achieve their goals through investment in mutual funds. Conceived in-house by Investica, this unique algorithm-backed fund selection engine aided by quantitative technique avoids the human element of subjectivity to generate a list of funds based on the inputs shared by the investors on their goals. Amit Singh, CEO, Investica, said the new feature is now available on the web and mobile platforms which enables investors to create their own life goals and allows them to allocate their investments accordingly.
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