How AI and Factor Investing Are Reshaping India’s Stock Market Success
Wright Research, a Mumbai-based investment advisory firm founded by Sonam Srivastava in 2018, has gained significant traction. It advises over 500 investors, including High Net Worth Individuals (HNIs), and has seen success with its AI-driven strategies in the stock market today.
Srivastava started her venture in 2019, following her experience in foreign markets and the closure of a previous startup due to US tariffs. Wright Research provides its models through Portfolio Management Services (PMS) and online platforms like Smallcase, with minimum investments ranging from ₹30,000 to ₹50 lakh.
The firm follows a 'Factor Investing' philosophy, focusing on stock market-influencing factors like valuation, growth, quality, and price trends. It offers baskets of around 20-25 stocks, with a popular 10-stock basket delivering rapid returns but also sharp falls during stock market corrections.
Srivastava believes that AI models must be trained specifically on financial data to understand complex concepts like risk and return. She advises beginners to start with mutual funds and systematic, expert-backed baskets of shares to mitigate stock market noise. She also encourages women to participate more in serious investing, highlighting their potential as conservative and instinct-driven investors.
The Indian stock market's breadth is increasing rapidly, making systematic and AI/Quant-based strategies highly useful. Wright Research's success aligns with the bull market starting in 2020, with its quantitative, momentum-based strategies performing well and managing risk effectively in the stock market today.
Wright Research, under Sonam Srivastava's leadership, has grown to advise over 500 investors. Its AI-driven, factor investing approach has proven successful, particularly during the bull market since 2020. The firm's strategies, along with Srivastava's encouragement for women in investing, contribute to its notable presence in the Indian investment landscape.
