Morningstar Investment Adviser launches discretionary managed portfolios

New Delhi, Apr 25 (UNI) Morningstar Investment Adviser India Private Limited on Thursday launched Morningstar Managed Portfolios -- a discretionary portfolio management service for investors in India.
The company aims to raise more than Rs 1,000 crore within two-three years.
Available through financial advisers, Morningstar Managed Portfolios are a complete portfolio management service designed to offer advisers in the country a holistic investing solution to help clients meet their financial goals.
Within the Morningstar Managed Portfolios offering are Morningstar Managed Active Portfolios. The Morningstar Managed Active Portfolios are created by combining renowned asset allocation research and independent fund selection.
Its four risk-aligned multi-asset portfolios -- Morningstar Active Balanced Portfolio, Morningstar Active Growth Portfolio, Morningstar Active Aggressive Portfolio, Morningstar Active Aggressive Plus Portfolio -- are built with mutual funds for the long term and managed with a keen eye on risk.
“With a variety of risk-tolerance profiles, our managed portfolios reflect our valuation-driven asset allocation and investment selection expertise. We leverage Morningstar’s depth of resources, proprietary research, and investment expertise to build investment strategies designed to deliver great investment outcomes for investors,” said Dhaval Kapadia, Director and Portfolio Specialist for Morningstar Investment Adviser India.