World’s First Fully Automated Investment Fund – ‘The Ad Astra Fund’

Current Context: Ad Astra Fund, the world’s first fully automated investment fund launched by Savart, one of India’s largest investment advisors. This fund uses an AI research system called APART (Advanced Process Automation & Research Technology) to perform end-to-end research automation and make swift investment decisions

The fund aims to achieve an AUM of INR 350 crores by FY24’s end and is designed to keep the portfolio churn as low as possible.
The fund was launched on August 26, 2023 in Hyderabad and received investment commitments amounting to INR 31 crores on the launch day itself.
It covers thorough fundamental and qualitative analysis of securities, as well as quantitative and mathematical analysis, at a scale and speed that are beyond the scope of a human research team.
It evolves and adapts faster than a human fund manager, in line with the prevailing market conditions and opportunities.It is a long-term investment vehicle, with a minimum of 3 years and an optimum of 7-10 years.

Question:

Q.1 What is the name of the AI research system that the Ad Astra Fund uses to perform end-to-end research automation and make swift investment decisions?
a. ARTIS
b. ASTRA
c. ASSET
d. APART