Choose curated portfolios to avoid rookie mistakes, say analysts

Avoid offerings that are too concentrated or have very high churn

ICICI Securities recently launched four curated baskets of stocks created by three well-known money managers. These are portfolios that its customers can invest in with a few clicks of the mouse. Another player called smallcase, which has been around since 2016, currently offers more than 250 such baskets. These are available on the platforms of 12 leading brokerages. WealthDesk is another player with similar offerings.

Handholding new entrants  

The stock market has witnessed a massive influx of new investors over the past year. “Around 14 million demat accounts were opened in FY21 — more than three times the average for