Is a robo-advisor safe and secure for managing my investments?

Yes, roboadvisors are generally considered safe and secure for managing investments. Roboadvisors use advanced algorithms and technology to help manage your investments, and they typically have multiple layers of security measures in place to protect your personal information and assets.

Roboadvisors are also regulated by the Securities and Exchange Board of India (SEBI), which sets rules and guidelines for investment advisors and managers to ensure that they operate in a fair and transparent manner.

However, as with any investment, there is always some level of risk involved. It is important to carefully review the terms and conditions of any roboadvisor service before investing, and to ensure that you understand the potential risks and rewards involved.