Investors aspiring to enhance their wealth should be equipped with an understanding of these services for potential future needs.

Today, the share of this company plunged 1.18 per cent to Rs 428.40 per share.

Robo-advisor is a digital financial platform that furnishes automated, mathematical algorithm-driven financial advice along with investment management services that include minimal human intervention. Initially, this technological innovation was applied to automate and optimise passive index strategies based on the modern portfolio theory. Robo-advisors have evolved from there.