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Geojit launches partner portal to foster entrepreneurship, boost gig economy in investment services

Geojit launches partner portal to foster entrepreneurship, boost gig economy in investment services
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Geojit ties up with Lotusdew to launch small, mid-cap stock basket using AI as part of its Smartfolios platform

Geojit, Lotusdew join hands to launch small-, mid-cap stock basket

February 15, 2021 Jones George, Chief Digital Officer, Geojit   -  Businessline× Geojit Financial Services, through Smartfolios platform, has tied up with Lotusdew, a SEBI and US SEC regulated firm, to offer a basket of stocks using behavioural finance and artificial intelligence. Geojit will offer a new small- and mid-cap basket of stocks called Lotusdew Prestige, which analyses corporate events such as M&A , earnings surprises, order book wins, dividends, stock splits etc. to identify profitable stocks. This is in sharp contrast to the traditional methods like fundamental and technical analyses used by most investment service firms. Lotusdew Prestige is sector-neutral and adaptive to index changes. The basket, which currently comprises around 80 per cent of small-cap and 20 per cent of mid-cap, covers sectors such as pharmaceuticals, software and consumer lending, among others.

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