Lucknow: Motilal Oswal Financial Services Limited (MoFSL) has announced the launch of a first of its kind financial market research and analysis platform ‘Research 360’. This unique platform will act as a centralized source for detailed fundamental and technical research for investors and traders to make prudent investment or trading decisions in various sectors such as Equity, Derivatives, Mutual Funds, Thematic (Theme Based) and Model Portfolios etc. Research 360 App is an excellent and unique proposition for the DIY category of investors as well as investors looking for readymade research solutions said the founders. The launch of ‘Research 360’ is a part of the expansion of the portfolio of digital products in FY23.
The Research 360 platform has unique features such as the Core Investor Portfolio, allowing novice investors to understand the craft of building a stock portfolio. Techno-Funda Scanners gives mature investors the advantage of over 200 scans related to technical indicators like price, volume, fundamentals, etc., in one menu. The app also provides other key features like SWOT Analysis, Comparing Stocks, F&O Analytics, MO Institutional Equities Research Reports and Essay Investors Portfolio.
Commenting on the launch of this product, Ajay Menon, CEO, Broking & Distribution, Motilal Oswal Financial Services Ltd. said, “Retail investors are increasingly turning to equity markets. The number of active Demat accounts in India stood at 89.7 million as on March 31, 2022, showing a growth of 63% over FY22. We feel that investing in the capital market should be done after a detailed research about the investment one has chosen. Motilal Oswal has been in the equity markets for more than 35 years and thought of providing access to our research area to all investors, irrespective of whether they are our clients or not. Our latest offering, Research 360 will give all investors access to Motilal Oswal’s award-winning research and help them make investment decisions.”
Menon further added, “With an overall retail customer growth of 44% yoy, the B&D business is striving to grow its retail customer base. As a customer centric organization, we are committed to increasing our physical and financial capabilities. digital) are continuously enhancing their technologies to deliver on the promise. Along with our aim to increase the workforce, we are also seeing huge interest from several individual brokers to join hands with MOFSL.”
Research 360 will act as a platform for research for each and every investors and traders. The platform has been developed in such a way that it will reduce the company’s subscription cost of sourcing data from multiple sources.
The Research 360 application is readily available on both the Google Play Store for Android devices and the App Store for Apple devices. Detailed research report services are currently free, although we plan to move to a premium subscription model in the coming months.
The Financial Products Distribution AUM (Assets under Management) of Motilal Oswal’s Retail Broking & Distribution business saw a 31% YoY growth to Rs 16,764 crore, while DP AUM in FY22 increased YoY increased by 34%. The B&D business with one of the highest ARPU (Average Revenue Per Unit) in the industry recorded the highest ever Annual Daily Turnover, Annual Revenue and Profit in FY 2022.
Overall benefits of Research 360 for the customers-
All fundamental and technical information about the companies and its stock performance
Advanced screening and analytical tools to select the ideal stock potentially among your competitors
In-depth research – sound advice and interactions with market experts and analysts via online discussion forums
Motilal Oswal’s award winning research and its sectoral reports
Long term and short term trading with investment ideas
Advance Stock Market Training Course
Monitoring of portfolios of Superstars, FIs and Institutions