[0001] The present disclosure relates to the field of financial investments, and more particularly the present disclosure relates to a device for providing investment suggestions.

BACKGROUND
[0002] Background description includes information that may be useful in understanding the present invention. It is not an admission that any of the information provided herein is prior art or relevant to the presently claimed invention, or that any publication specifically or implicitly referenced is prior art.
[0003] Nowadays people are becoming very much active in investing their money. Also, those who are not very much aware of the stock markets and the mutual funds are also very much eager in investing their money in such schemes. Doing investment is a complex in terms of choosing a plan which to invest in. A person who does not have any knowledge about the stock market may end up losing his/her hard-earned money in no time. In stock market various factors such as current market trend, mergers and acquisition of companies, any product of service launch etc, are need to be taken care before making or doing any investment. Such people sometimes hire a financial advisor for the same.
[0004] For this people have to pay a lot of money to advising agencies for how, where, and when they should invest their money and get profit. But sometime financial advisor can be biased in making their profit more than the investor. Sometimes people who go to the financial advisor does not get satisfied with the advice. Sometime people do not know how to get to the financial advisor or what they are, and they do not get idea how to invest it and sometime they get lose or sometime people cannot afford the fee of the financial advisor. Sometime the paper work or advise is too hard that the people get confused and leave the idea to invest it. A middle-class person can’t afford a financial advisor because of their fee and the paper work and a lot of formalities.
[0005] There is, therefore, a need of a portable device that can give a reliable advice to user or people about various investment schemes available in the market and which one is best suited for them considering their needs and current market scenario.

OBJECTS OF THE PRESENT DISCLOSURE
[0006] Some of the objects of the present disclosure, which at least one embodiment herein satisfies are as listed herein below.
[0007] It is an object of the present disclosure to provide a device and method for suggesting suitable investment schemes to a user.
[0008] It is an object of the present disclosure to provide a device and method for suggesting suitable investment schemes which can also consider the real time market trends.
[0009] It is an object of the present disclosure to provide a device and method for suggesting suitable investment schemes which can also consider risk factor for the users.

SUMMARY
[0010] The present disclosure relates to the field of financial investments, and more particularly the present disclosure relates to a device for providing investment suggestions.
[0011] An aspect of the present disclosure pertains to a method of recommending one or more optionsassociated with assessment of an allocation to a user. The method includes to save, at a processing unit, one or more attributes of a user. To receiving, at the processing unit operatively configured with one or more servers, from an input unit associate with a device a first set of data packets. The first set of data packets pertain to one or more second attributes of the user. To send, by the processing unit, to an output unit associated with the device a second set of data packets based on the first set of data packets. The second set of data packets pertain to the one or more options. The one or more options are selected on the basis of data received from the one or more servers. To select, on the input unit, one of the one or more options based on the one or more first attributes of the user.
[0012] In an aspect, the one or more first attributes may include any or combination of name, age, gender, location, identification proof, and family profile.
[0013] In an aspect, the one or more option may comprise investment schemes with high return values.
[0014] In an aspect, the investment schemes may include any or combination of a fixed deposit, recurring deposit, life insurance, stock market, mutual fund, and gold.
[0015] In an aspect, the one or more second attributes comprise any or combination of an amount the user wants to invest, and type of investment scheme the user wants to invest in.
[0016] In an aspect, the data is received, in real time, from the one or more servers may include any or combination of a rate of interest of the available investment schemes, locking period of the available investment schemes, and current market trend.
[0017] In an aspect, the one or more servers may include any or combination of a server related to mutual funds, server related to stock market, server related to banks.
[0018] In an aspect, the input unit may include any or combination of a touch display unit, and keypad.
[0019] In an aspect, the output unit may include a touch display unit.
[0020] A devicefor recommending one or more options associated with assessment of an allocation to a user. The device includes an input unit for entering input by the user and an output unit for receiving output. The device may be a portable device with associated input and output units. A processing unit having a processor operatively configured with the input unit, and the processing unit is operatively configured with one or more servers. A memory operatively configured with the processing unit, and storing instruction which on execution causes the processing unit to save, at the processing unit, one or more attributes of a user. To receive, at the processing unit, from the input device a first set of data packets. The first set of data packets pertainto one or more second attributes of the user.To send, by the processing unit, to the output unit a second set of data packets based on the first set of data packets pertaining to the one or more options. The one or more options are selected on the basis of data received from the one or more remote servers. To select, on the output device, one of the one or more options based on the one or more first attributes of the user.
[0021] Various objects, features, aspects and advantages of the inventive subject matter will become more apparent from the following detailed description of preferred embodiments, along with the accompanying drawing figures in which like numerals represent like components.

BRIEF DESCRIPTION OF DRAWINGS
[0022] The accompanying drawings are included to provide a further understanding of the present disclosure, and are incorporated in and constitute a part of this specification. The drawings illustrate exemplary embodiments of the present disclosure and, together with the description, serve to explain the principles of the present disclosure. The diagrams are for illustration only, which thus is not a limitation of the present disclosure.
[0023] In the figures, similar components and/or features may have the same reference label. Further, various components of the same type may be distinguished by following the reference label with a second label that distinguishes among the similar components. If only the first reference label is used in the specification, the description is applicable to any one of the similar components having the same first reference label irrespective of the second reference label.
[0024] FIG. 1 illustrates an exemplary network architecture in which or with which proposed device for providing investment suggestion can be implemented, in accordance with an embodiment of the present disclosure.
[0025] FIG. 2 illustrates an exemplary module diagram of proposed device for providing investment suggestions, in accordance with an embodiment of the present disclosure.
[0026] FIG. 3 illustrates a proposed method for proving investment suggestions, in accordance with an embodiment of the present disclosure.
[0027] FIG. 4 illustrates a proposed method for proving investment suggestions for saving, in accordance with an embodiment of the present disclosure.
[0028] FIG. 5 illustrates a proposed method for proving investment suggestions for investment, in accordance with an embodiment of the present disclosure.
[0029] Fig. 6 illustrates an exemplary computer system in which or with which embodiments of the present invention can be utilized in accordance with embodiments of the present disclosure.

DETAILED DESCRIPTION
[0030] The following is a detailed description of embodiments of the disclosure depicted in the accompanying drawings. The embodiments are in such detail as to clearly communicate the disclosure. However, the amount of detail offered is not intended to limit the anticipated variations of embodiments; on the contrary, the intention is to cover all modifications, equivalents, and alternatives falling within the spirit and scope of the present disclosure as defined by the appended claims.
[0031] In the following description, numerous specific details are set forth in order to provide a thorough understanding of embodiments of the present invention. It will be apparent to one skilled in the art that embodiments of the present invention may be practiced without some of these specific details.
[0032] The present disclosure relates to the field of financial investment, and more particularly the present disclosure relates to a device for providing investment suggestions.
[0033] FIG. 1 illustrates an exemplary network architecture in which or with which proposed device for providing investment suggestion can be implemented, in accordance with an embodiment of the present disclosure.
[0034] FIG. 2 illustrates an exemplary module diagram of the proposed device for providing investment suggestions, in accordance with an embodiment of the present disclosure.
[0035] As illustrated in FIG. 1, in a network implementation, proposed device 102 for suggesting investment schemes can be communicatively coupled with a plurality of servers 104-1, 104-2….104-N (collectively referred to as servers 104 and individually referred to as server 104 hereinafter). The device 102 can be associated with a user 106 who wants to invest his/her amount (can also be referred as money, herein).
[0036] As illustrated in FIG. 2, module diagram of the proposed device 102 for providing investment suggestions (also referred as one or more options or one or more options associated with assessment of an allocation, herein) can comprise one or more processor(s) 202. The one or more processor(s) 202 can be implemented as one or more microprocessors, microcomputers, microcontrollers, digital signal processors, central processing units, logic circuitries, and/or any devices that manipulate data based on operational instructions. Among other capabilities, the one or more processor(s) 202 are configured to fetch and execute computer-readable instructions stored in a memory 204 of the device 102. The memory 204 can store one or more computer-readable instructions or routines, which can be fetched and executed to create or share the data units over a network service. The memory 204 can comprise any non-transitory storage device including, for example, volatile memory such as RAM, or non-volatile memory such as EPROM, flash memory, and the like.
[0037] The device 102 can also comprise an interface(s) 206. The interface(s) 206 can comprise a variety of interfaces, for example, interfaces for data input and output devices, referred to as I/O devices, storage devices, and the like. The interface(s) 206 can facilitate communication of device 1. The interface(s) 206 can also provide a communication pathway for one or more components of the device 102. Examples of such components include, but are not limited to, processing engine(s) 208 and database 210. The device can include input unit 220 and output unit 222 for sending inputs and receiving outputs. The input unit can include but without limiting to a tough display unit and a keyboard.
[0038] The processing engine(s) 208 can be implemented as a combination of hardware and programming (for example, programmable instructions) to implement one or more functionalities of the processing engine(s) 208. In examples described herein, such combinations of hardware and programming can be implemented in several different ways. For example, the programming for the processing engine(s) 208 can be processor executable instructions stored on a non-transitory machine-readable storage medium and the hardware for the processing engine(s) 208can comprise a processing resource (for example, one or more processors), to execute such instructions. In the present examples, the machine-readable storage medium can store instructions that, when executed by the processing resource, implement the processing engine(s) 208. In such examples, the device 102 can comprise the machine-readable storage medium storing the instructions and the processing resource to execute the instructions, or the machine-readable storage medium can be separate but accessible to the device 102 and the processing resource. In other examples, the processing engine(s) 102 can be implemented by electronic circuitry.
[0039] The database 210 can comprise data that is either stored or generated as a result of functionalities implemented by any of the components of the processing engine(s) 208or the device 102. The present disclosure relates to a device for providing financial investment suggestions to a user 106. The user can input his/her information in the device 102 using the input unit 220. The information can include but not limited to name, age, gender, identity proof, and family profile of the user. The user can also input and amount he/she want to invest and a type of investment (e.g. saving, investment) he/she is looking for. In response to the information regarding the amount and the type of investment is input, a first set of data are generated using a first data packet generation engine 212. In response to the first set of data packets, a set of second data packets are generated using a second data packet generation engine 214. The second set of data packets can pertain to a plurality of investment schemes with higher return values. The plurality of investment schemes with higher return values can be selected by performing a comparison, by a comparison engine 216, between data received from one or more servers associated with one or more processors.
[0040] In an embodiment, proposed device 102 can include an input unit 220 for entering input by a user and an output unit 222 for receiving output. A processing unit having a processor 202 can be operatively configured with the input unit 220, and the processing unit can be operatively configured with one or more servers 104. A memory 204 can be operatively configured with the processing unit. The memory 204 can be configured to store instruction which on execution causes the processing unit to save, at the processing unit, one or more attributes of a user 106. To receive, at the processing unit, from the input device 220 a first set of data packets. The first set of data packets can pertain to an amount and a type of investment (also referred as one or more second attributes, herein) a user 106 wants to do. To send, by the processing unit, to the output unit 222 a second set of data packets based on the first set of data packets pertaining to a plurality of investment schemes (also, referred as one or more options associated with assessment of an allocation, herein) with high return values. The plurality of investment schemes with high return values can be selected on the basis of a comparison between data received from one or more remote servers 104. To select, on the output device, one of the plurality investment schemes based on the one or more first attributes of the user.
[0041] In an embodiment, if a person wants to invest his 5 lac rupees. He/she can enter his information containing name, age, gender, identity proof, marital status, and family profile in the proposed device using input unit. Also, the person 106 (also referred as the user, 106 herein) can input his/her preference about the kind of investment he/she want to do for example, if the person 106 want to invest the money in mutual fund or if he/she want to do a short-term investment or long-term investment. The device 102 can suggest him/her the schemes with best return values at the time the user can have. The device can consider fetch data regarding the different available schemes present in the market currently and can compare the rate of interest, current market scenarios while suggesting the best schemes available at the device’s output device in the real time. The user or the person can select one of the suggested schemes for investing his/her money.
[0042] FIG. 3 illustrates a proposed method for proving investment suggestions, in accordance with an embodiment of the present disclosure.
[0043] As illustrated, at step 302, the proposed method 300 for providing investment suggestions (also referred as one or more options or one or more options associated with assessment of an allocation, herein) can include saving in a processing unit, one or more attributes of a user wants to do an investment. The allocation of an amount of money a user wants to invest in the one of the one or more options can be performed using the proposed method 300. The user can assess all the one or more options recommended to the user and can chose one of the them for investing his/her money. The one or more attributes of the user can include but without limiting to name, age, gender, identification proof, and family profile. The one or more user attributes can be entered using an input unit associated with the device 102. The user can also information regarding an amount the user want to invest along with a type of investment (also referred as one or more second attributes). The type of investment can include but without limiting to if the user wants to the amount for a long time or short time, into bank or in stock market etc.
[0044] At step 304, the proposed method 300 can include receiving, at the processing unit operatively configured with one or more servers, from an input unit associate with a device a first set of data packets. The first set of data packets can pertain to an amount and a type of investment a user wants to do.The first data packet can represent if the user wants to invest his/her money into stock market, mutual funds, fixed deposit etc.
[0045] At step 306, the proposed method 300 can include sending, by the processing unit, to an output unit associated with the device a second set of data packets based on the first set of data packets. The second set of data packets can pertain to a plurality of investment schemes with high return values. The investment schemes can include but without limiting to fixed deposit, recurring deposit, life insurance, stock market, mutual fund, and gold. The investment schemes that can give high return values to the user can be selected on the basis of a comparison between data received from one or more servers. The one or more servers can be related to but without limiting to a mutual funds, stock market, banks. The device can fetch real time data related to different investment schemes, share market, and current rate of interest on the available saving schemes from respective servers or databases. This is to do an effective comparison between all of them to suggest some best investment schemes the user can go for at the real time. A comparison can be performed between the data received for the one or more servers. The data can be received in real time, from the one or more servers can include but not limited to current rate of interest of the available investment schemes, locking period of the available investment schemes, and current market trend. The current market trends can further include but not limited to a variation share values of a particular company and current news regarding new mergers and acquisitions between companies etc. in order to predict a return value for a particular investment.
[0046] At step 308, the proposed method 300 can include selecting, on the input unit, one of the plurality investment schemes based on the one or more attributes of the user. The user can take decision which out of the suggested investment schemes he/she wants to invest in. The user can take this decision on the basis of personal interests such as but without limiting to his/her location, long term and short-term investment, locking period of the amount etc.
[0047] In an embodiment, the proposed method can also consider a risk-taking capability of the user based on the one or more attributed of the users and can give suggestions accordingly. For example, based on one or more attributes that can include family profile and income sources from the identity proofs such as PAN card, wealth status of the user can be estimated and investment schemes with high risk and high return can also be suggested to the user. Otherwise if the user not from rich family or has low income source, the investment schemes with low risks can be suggested. Also, the risk-taking capabilities can consider marital status of the user and if the user is single, he/she can go for high risk and high profit schemes and if the user is married the appropriate investment schemes can be suggested to the user.
[0048] FIG. 4 illustrates a proposed method for proving investment suggestions for saving, in accordance with an embodiment of the present disclosure.
[0049] As illustrated, one the user selects his/her preference to savings, the proposed device can give the user different options such as but without limiting to, if the user wants to go for privates banking entities or government banking entities. Further, the proposed device can make the user aware about different investments available such as fixed deposit, recurring deposit, retirement plans etc. The device can compare the various available investment schemes in the private and government banking entities to draw out some of the investment schemes with the higher return values in to the preference, risk raking capabilities of the user.
[0050] FIG. 5 illustrates a proposed method for proving investment suggestions for investment, in accordance with an embodiment of the present disclosure.
[0051] As illustrated, the FIG. 5 illustrates various choices that the proposed device can provide to the user if he/she chose to invent his/her money into share market, or mutual funds, and if the user wants to invest in gold. The proposed device can consider risk taking capabilities and the current market trends while suggesting best available investment schemes to the user.
[0052] Fig. 6 illustrates an exemplary computer system in which or with which embodiments of the present invention can be utilized in accordance with embodiments of the present disclosure.
[0053] As shown in FIG. 6, computer system 600 can include an external storage device 610, a bus 620, a main memory 630, a read only memory 640, a mass storage device 650, communication port 660, and a processor 670. A person skilled in the art will appreciate that the computer system may include more than one processor and communication ports. Examples of processor 670 include, but are not limited to, an Intel® Itanium® or Itanium 2 processor(s), or AMD® Opteron® or Athlon MP® processor(s), Motorola® lines of processors, FortiSOC™ system on chip processors or other future processors. Processor 670 may include various modules associated with embodiments of the present invention. Communication port 660 can be any of an RS-232 port for use with a modem based dialup connection, a 10/100 Ethernet port, a Gigabit or 10 Gigabit port using copper or fiber, a serial port, a parallel port, or other existing or future ports. Communication port 660 may be chosen depending on a network, such a Local Area Network (LAN), Wide Area Network (WAN), or any network to which computer system connects.
[0054] Memory 630 can be Random Access Memory (RAM), or any other dynamic storage device commonly known in the art. Read-only memory 640 can be any static storage device(s) e.g., but not limited to, a Programmable Read Only Memory (PROM) chips for storing static information e.g., start-up or BIOS instructions for processor 670. Mass storage 650 may be any current or future mass storage solution, which can be used to store information and/or instructions. Exemplary mass storage solutions include, but are not limited to, Parallel Advanced Technology Attachment (PATA) or Serial Advanced Technology Attachment (SATA) hard disk drives or solid-state drives (internal or external, e.g., having Universal Serial Bus (USB) and/or Firewire interfaces), e.g. those available from Seagate (e.g., the Seagate Barracuda 7102 family) or Hitachi (e.g., the Hitachi Deskstar 7K1000), one or more optical discs, Redundant Array of Independent Disks (RAID) storage, e.g. an array of disks (e.g., SATA arrays), available from various vendors including Dot Hill Systems Corp., LaCie, Nexsan Technologies, Inc. and Enhance Technology, Inc.
[0055] Bus 620 communicatively couples processor(s) 670 with the other memory, storage and communication blocks. Bus 620 can be, e.g. a Peripheral Component Interconnect (PCI) / PCI Extended (PCI-X) bus, Small Computer System Interface (SCSI), USB or the like, for connecting expansion cards, drives and other subsystems as well as other buses, such a front side bus (FSB), which connects processor 670 to software system.
[0056] Optionally, operator and administrative interfaces, e.g. a display, keyboard, and a cursor control device, may also be coupled to bus 620 to support direct operator interaction with a computer system. Other operator and administrative interfaces can be provided through network connections connected through communication port 660. The external storage device 610 can be any kind of external hard-drives, floppy drives, IOMEGA® Zip Drives, Compact Disc - Read Only Memory (CD-ROM), Compact Disc-Re-Writable (CD-RW), Digital Video Disk-Read Only Memory (DVD-ROM). Components described above are meant only to exemplify various possibilities. In no way should the aforementioned exemplary computer system limit the scope of the present disclosure.
[0057] Moreover, in interpreting the specification, all terms should be interpreted in the broadest possible manner consistent with the context. In particular, the terms “comprises” and “comprising” should be interpreted as referring to elements, components, or steps in a non-exclusive manner, indicating that the referenced elements, components, or steps may be present, or utilized, or combined with other elements, components, or steps that are not expressly referenced. Where the specification claims refer to at least one of something selected from the group consisting of A, B, C….and N, the text should be interpreted as requiring only one element from the group, not A plus N, or B plus N, etc.
[0058] While the foregoing describes various embodiments of the invention, other and further embodiments of the invention may be devised without departing from the basic scope thereof. The scope of the invention is determined by the claims that follow. The invention is not limited to the described embodiments, versions or examples, which are included to enable a person having ordinary skill in the art to make and use the invention when combined with information and knowledge available to the person having ordinary skill in the art.

ADVANTAGES OF THE INVENTION
[0059] The proposed invention provides a device and method for suggesting suitable investment schemes to a user.
[0060] The proposed invention provides a device and method for suggesting suitable investment schemes which can also consider the real time market trends.
[0061] The proposed invention provides a device and method for suggesting suitable investment schemes which can also consider risk factor for the users.

Claims:1. A method for recommending one or more options to a user, the method comprising:
saving, at a processing unit operatively configured with one or more servers, one or more first attributes of the user;
receiving, at the processing unit, from an input unit associated with a device a first set of data packets, wherein the first set of data packets pertain tone or more second attributes of the user;
sending, by the processing unit, to an output unit associated with the device a second set of data packets based on the first set of data packets, wherein the second set of data packets pertain to the one or more options, wherein the one or more options are selected on the basis of data received from the one or more servers; and
selecting, on the input unit, one of the one or more options based on the one or more first attributes of the user.
2. The method as claimed in claim 1, wherein the one or more first attributes comprises any or combination of name, age, gender, location, identification proof, marital status, and family profile.
3. The method as claimed in claim 1, wherein the one or more options comprises any or combination of investment schemes with high return values.
4. The method as claimed in claim 3, wherein the investment schemes comprise any or combination of fixed deposit, recurring deposit, life insurance, stock market, mutual fund, and gold.
5. The method as claimed in claim 1, wherein the one or more second attributes comprise any or combination of an amount the user wants to invest, and type of investment the user wants to invest in.

6. The method as claimed in claim 1, wherein the data is received, in real time, from the one or more servers comprises any or combination of a rate of interest of the available investment schemes, locking period of the available investment schemes, and current market trend.
7. The method as claimed in claim 1, wherein the one or more servers comprises any or combination of a server related to mutual funds, server related to stock market, server related to banks.
8. The method as claimed in claim 1, wherein the input unit comprises any or combination of a touch display unit, and keypad.
9. The method as claimed in claim 7, wherein the output unit comprises a touch display unit.
10. A device for recommending one or more options to a user, the device comprising:
an input unit for entering input;
an output unit for receiving output;
a processing unit having a processor operatively configured with the input unit, and the processing unit is operatively configured with one or more servers; and
a memory operatively configured with the processing unit, and storing instruction which on execution causes the processing unit to:
save, at the processing unit, one or more first attributes of the user;
receive, at the processing unit, from the input device a first set of data packets, wherein the first set of data packets pertain to one or more second attributes of the user;
send, by the processing unit, to the output unit a second set of data packets based on the first set of data packets, wherein the

second set of data packets pertain to the one or more options, wherein the one or more options are selected on the basis of data received from one or more remote servers; and
select, on the output device, one of one or more options based on the one or more first attributes of the user.