Elever launches quant-based Portfolio Management Services

Elever, a SEBI-registered wealth tech platform, has launched its Portfolio Management Services (PMS) to deliver long-term, consistent returns through data-driven, quant-based strategies. The PMS includes four schemes designed for diverse investor needs: FactorAlpha, FactorAlpha SmallCap, FactorShields, and FactorIncome. Elever aims to raise Rs 1,000 crore in AUM in two years, leveraging factor-based investing and tactical risk-rotation models.