Some days before I read that in US there are some mutual funds are managed by some Robos. Not shocking fact. Most of them are index funds. So there is only need to change it when there is new entry into index. Till that time there is no need to do anything. It actually reduce the expense ratio. So its good.
But what I read today is worst. Robos are now giving advice for which Mutual fund is better as per your risk profile. I don’t agree with them. Investing is not mechanical thing. Its related with so many things. But as Fundamentals and technical analysis is living together, now here after humans and Robos will live with each other.