Indian Market ETF auto rebalancer
Budget: ₹12,500 – ₹37,500 INR
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I need a automated ETF portfolio rebalance and execution tool
Suppose I buy two ETF on day 1
- HDFC NIFTY Smallcap 250 ETF
- SBI Guilt Fund ETF
Weight input by me : 50:50
Frequent of weight rebalance : 1 percent deviation
Eg
Suppose I invest 1 lakh in above on day 1 as per 50:50 weight and live rebalancing if 1 percent weight is breached
So on day 1
I invested 50k in both
Suppose on day 2 midday smallcap crashed by 4 percent
Smallcap ETF value will be 48k while guilt will be 50k
Weight is then 49:51 of smallcap and guilt based upon portfolio value of 98k
What I want automatic to happen system but 1k of smallcap and sell 1k of guilt to bring weight back to 50:50 percent based upon 98k portfolio value
Similarly when market goes up and weight deviates by 1 percent , system should live buy and sell to rebalance
Pls answer below while sending your quote
- tool you will use and easiness for me to change etf and weight ?
- I will be 5paisa so whatever code you will use should be compatible with that
- I am not a tech and since amount involved will be big (>20lakh) I don’t want bug in the code and low maintenance so that without any human interaction it can run over a period of time in a streamline manner
I need a automated ETF portfolio rebalance and execution tool
Suppose I buy two ETF on day 1
- HDFC NIFTY Smallcap 250 ETF
- SBI Guilt Fund ETF
Weight input by me : 50:50
Frequent of weight rebalance : 1 percent deviation
Eg
Suppose I invest 1 lakh in above on day 1 as per 50:50 weight and live rebalancing if 1 percent weight is breached
So on day 1
I invested 50k in both
Suppose on day 2 midday smallcap crashed by 4 percent
Smallcap ETF value will be 48k while guilt will be 50k
Weight is then 49:51 of smallcap and guilt based upon portfolio value of 98k
What I want automatic to happen system but 1k of smallcap and sell 1k of guilt to bring weight back to 50:50 percent based upon 98k portfolio value
Similarly when market goes up and weight deviates by 1 percent , system should live buy and sell to rebalance
Pls answer below while sending your quote
- tool you will use and easiness for me to change etf and weight ?
- I will be 5paisa so whatever code you will use should be compatible with that
- I am not a tech and since amount involved will be big (>20lakh) I don’t want bug in the code and low maintenance so that without any human interaction it can run over a period of time in a streamline manner