This application displays the Recommended Amount and % of Total Amount that should be invested in various asset classes under the current market conditions. The inputs required from the user are Risk Profile (Aggressive, Moderate, Conservative) and Total Amount to allocate.
Please note that the term ‘Mitraz’, wherever used standalone, refers to the company Mitraz Financial Services Pvt. Ltd. based out of Bangalore, India.
This application has been designed and implemented by Mitraz Financial Services Pvt. Ltd. to provide an overall Asset Allocation view to the user. The application has been designed and implemented for Android v2.1 and higher platform versions and it has been tested on Android v2.1. Mitraz does not make claims of backward or forward compatibility with various versions of Android platform. Mitraz does not make any performance claims on the execution speed of the application. Mitraz’s test and quality team has verified the application extensively but does not guarantee full test coverage. The application uses the Internet connectivity to get current market valuation. In case, the user does not have the Internet connectivity on his/her device then the application may not provide accurate results.
The Asset Allocation displayed by the application is dependent on Mitraz proprietary model that requires user input parameters of risk profile and total assets for allocation. Mitraz reserves all rights on the model. The distribution of the application through Android marketplace is not an agreement or an intention to distribute the underlying model and the associated Intellectual Property. The application, its design and its implementation inclusive, should not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent from Mitraz.
The results of the application are solely for informational purpose and do not imply, directly or indirectly, any investment, legal, accounting, tax advice and/or a representation that any investment or strategy is suitable or appropriate to a person’s specific circumstances. Mitraz accepts no liabilities for any loss or damage of any kind arising out of the use of this application. Mitraz reserves all rights to modify the asset allocation model, the design and the implementation of the application. The updates to the application may constitute minor and/or major changes that may provide results significantly different from the current version. While the company would endeavor to update the application on a reasonable basis, Mitraz Financial Services Pvt. Ltd., the directors and the employees are under no obligation to update or to keep the application current.
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