Teji Mandi Review 2026: Fees, Performance & Risks

Last updated: May 2026 · Charges and offers verified against official broker pages where noted.

Teji Mandi is a SEBI-registered investment adviser (not a broker). It offers curated equity portfolios you execute through your existing demat account at a supported broker.

How Teji Mandi works

The service is backed by Motilal Oswal. Its investment team builds portfolios of roughly 15–25 stocks from the Nifty 500, with periodic rebalancing. You subscribe in the app, link a broker, and place trades when the advisory issues buy/sell updates.

Two model portfolios are offered—Multiplier and Flagship—with buy/sell updates issued through the app. Supported brokers include Zerodha, Upstox, and 5paisa among others; you typically link an existing demat account rather than opening a broker through Teji Mandi unless you choose to.

Download the Teji Mandi app to subscribe. Flagship pricing is commonly quoted around ₹597 for three months or ₹894 for six months (verify in-app at purchase). Subscription fees are separate from your broker’s brokerage and statutory charges.

Also read: Best app for buying and selling stock

Again, the amount of money needed for the minimum investment in the portfolio ranges from 21,000 to 25,000, and this number is based on the prices of the stocks included in the portfolio. As a result, the total amount invested might be less or greater.

Whether you invest 21,000  or any other amount, the monthly charge for the membership will not change. Other charges and expenses, such as the Securities Transaction Tax (STT), transaction fees, demat costs when you sell the stock, and other taxes, are applied as normal, and your broker’s ledger will show you the total amount due.

When it is thought required, the TejiMandi staff will also do rebalancing of the portfolio.

The Teji Mandi Flagship offers quality investment advice and education that outperforms market indexes.

1. Highly liquid equities: choose stocks from the Nifty 500 index, which offers the best in terms of liquidity.
2. Concentrated stock picking: This strategy entails building a portfolio that includes both short-term strategic bets and long-term winners. This implies that the investor receives the benefits of stocks that would compound over a period of 12–18 months and that they are able to get the benefits of unique business or sector conditions from the viewpoint of 3-6 months.
3. Disciplined selling: strive to preserve the money of investors by selling equities under the following circumstances:

• a. The values produced by the company or the industry have begun to shift
• b. An excess of negative sentiment surrounding a firm or industry
• c. A severe macroeconomic or market condition

In some circumstances, it will sell volatile equities and instead maintain a comparable proportion of the portfolio in secure liquid exchange-traded funds (ETFs), such as “Liquid Bees.” When the right opportunity presents itself, it will invest the funds in equities that satisfy the criteria they have established.

Advantages of making investments with Teji Mandi

You will get a portfolio of 15 to 20 equities that is actively managed by the company. If you do not have the time or the knowledge to do research on individual companies, the ideal alternative for you to invest in is a pre-made portfolio of equities.
In addition to this, it instructs you on which stocks should be purchased, in what number, and at what time consider sell them.

• Teji Mandi also gives you the option to set up a monthly SIP.
• The team does rebalancing on a regular basis and keeps you informed.
• You can top up your portfolio by making additional investments.
• Because it is SEBI-registered and powered by Motilal Oswal, a reputable organization that has been offering financial services continuously since 1987, it is SEBI-registered and operated with Motilal Oswal branding — still subject to market and advisory risk.
• A subscription cost that is affordable.
• The Teji Mandi app may also be used in the Hindi language.

Teji Mandi has some drawbacks.

The dashboard and user interface of the TejiMandi app are quite simple. I really hope that things will get better soon.

Also read: Indmoney vs Vested comparison for US stocks Investment

Users of the software have expressed concerns about crashing and other issues they have encountered while using it. However, this may be remedied by getting in touch with the app’s development staff through email or WhatsApp.

What is the Teji mandi referral code?

Why should you invest in the Teji Mandi portfolio?

There are a number of reasons why consider invest in the Teji Mandi portfolio:

• The platform publishes model portfolios and rebalance updates; it is not personalized advice for your situation.
• Second, the portfolio has a fixed subscription fee, whether you invest 50 thousand or fifty lakh, which means that you will keep more of your investment returns.
• Third, the fees associated with the platform are lower than those associated with other options. Read one of the peers of Teji Mandi’s: Waya review, which is quite expensive.
• The service publishes equity portfolios with periodic rebalancing, which can help you meet your financial goals.
• The portfolio is backed by a team of customer service professionals who are available to answer your questions and help you with your investment.

What is the Teji Mandi portfolio strategy?

Their investing approach may be summed up in a few simple ideas, which are as follows:

• After doing in-depth research, their investing team selects equities from the Nifty 500 that are considered to have satisfactory levels of liquidity.
• They adopt a targeted approach to stock choice that, over the course of an investment’s lifetime, generates a satisfactory rate of return.
• They recommend avoiding holding onto equities that are not doing well and increasing one’s exposure to winning stocks as a means of mitigating financial risk.

How to use the Teji mandi referral code

Here are four easy steps to start earning with the Teji Mandi referral code:

• Step 1: Download the Teji Mandi App To begin, download the Teji Mandi app from either the Play Store or App Store.
• Step 2: Register Your Profile Once you’ve downloaded the app, register your profile with Teji Mandi. The whole thing can be finished in just a few minutes.
• Step 3: Choose Your Subscription Plan After you’ve registered your profile, choose a subscription plan that suits your investment needs. Teji Mandi offers several plans, each designed to meet the needs of different types of investors.
• Step 4: Enter the Teji Mandi referral code and Make Your Payment When you’re ready to subscribe, don’t forget to enter the Teji Mandi referral code. This will ensure that you receive your cashback reward. Complete your payment and wait for your cashback to arrive.

How to Receive Your Cashback from Referral

If we have your UPI information, it will automatically issue your cashback to your account. If we don’t have your UPI information, simply tap on the ‘Withdraw’ option on the referral screen and enter your account details to receive your payout.

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You may use your current Demat account to purchase a ready-made, actively managed portfolio of 15 to 20 high-quality equity securities from Teji Mandi. Investors can reorganize their portfolios using rebalance updates based on external market conditions, stock selection criteria, and a disciplined selling strategy.

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