What are the different types of weights?
Two types of weights are available for investors to choose from while making a basket: Equi-weight or Custom weight.
- Equi-weight allocates the stocks in an equal proportion of values in the grobox basket. The list of stocks are divided and have almost equal weightage in the basket.
- Custom weight lets investors decide on the holding of the stock in the grobox basket as you have complete control over the basket. Grobox will try keeping the weight to the nearest whole number of shares for custom weighted portfolios.
Once the Grobox basket is created, you can save the basket for tracking the performance and investing later, or you can invest right away.
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