The problem WealthWise solves

WealthWise: Your Simple Path to Mutual Fund Investing

Problem it Solves:

WealthWise breaks down the barriers to investing in mutual funds for everyday people, especially those in the middle class. Many folks feel intimidated by the complexity of investing and worry about relying on third-party brokers. With WealthWise:

Easy Access: You can invest in mutual funds without needing a broker. WealthWise simplifies the process so anyone can do it, even without prior knowledge about mutual funds.

Data-Driven Profit Projections: By analyzing the past five years of data, WealthWise predicts how your investment might grow over time. It takes into account only the duration of your investment and the amount you want to invest, making it straightforward and hassle-free.

No Prior Experience Needed: You don't need to be an expert in finance to use WealthWise. Just tell it how much time and money you have to invest, and it'll do the rest, guiding you toward safe and profitable investment opportunities.

How It Helps:

Accessible Investing: WealthWise puts investing within reach for everyone, regardless of their financial knowledge or background, offering a simple and safe way to grow your money.

Predictable Returns: By using past data to forecast future profits, WealthWise gives you peace of mind, knowing what to expect from your investments and making it easier to plan for the future.

Empowering the Middle Class: WealthWise empowers middle-class individuals to take control of their financial future, offering a secure and reliable path to building wealth over time.

Low risk Investing: With WealthWise, you can invest confidently, knowing that your money is being managed wisely and with your best interests in mind, minimizing the risk of loss.

WealthWise is like having a trustworthy financial advisor in your pocket, guiding you toward a brighter financial future with simplicity, safety, and confidence

Challenges we ran into

Challenges we faced

While working on our project, we came across some tricky situations that required us to put on our problem-solving hats. One big challenge was getting all the data we needed about Mutual Funds in India to work smoothly in our system.

At first, the data we got was a bit messy and didn't fit well with our analysis tools. This caused some errors and made it hard to give accurate predictions. Plus, dealing with such a huge amount of data slowed things down, making the whole process frustratingly slow for users.

Another challenge we faced was with calculating certain parameters needed for our analysis. We struggled to figure out the best way to calculate these parameters accurately, which affected the quality of our predictions.
we had to work really hard while implimenting the random forest regressor model for the predictions of stocks.
To fix these problems, we had to do some serious cleaning and organizing of the data to make sure it was correct and ready for analysis. We also had to find ways to speed up our system so users wouldn't have to wait forever to see their results. Additionally, we brainstormed and experimented with different methods to calculate the parameters more effectively, eventually finding a solution that worked well for our needs.

In the end, by rolling up our sleeves and using our smarts, we managed to tackle these challenges head-on and create a system that works smoothly and gives users the info they need without any hassle.