Robo advisers can help you invest better: View

There are only 2,500 certified financial planners in India and 62 million households with annual incomes above Rs 5 lakh that could use an adviser. Also, most first-time investors can't afford human advisers. Robo advisers, as mentioned before, are not biased. On the other hand, human advisers can hardly give dispassionate advice, given they earn hidden commissions when they recommend costly funds to their clients.