If you’ve been scrolling through Instagram reels about stock tips or watching finance influencers hype up their "best stock basket", chances are you’ve come across Teji Mandi. On the surface, it seems like a smart solution for retail investors, SEBI-registered, curated portfolios, and beginner-friendly.

But how does it compare to RA Algos by AlgoTest, a platform built for users who demand transparency, performance data, and live execution?

Let’s do a detailed, no-nonsense comparison.

TL;DR

Feature
RA Algos by AlgoTest
Teji Mandi
SEBI Registered RAs
10+ RAs
Yes (internal team)
Backtesting
Yes
Not available
Forward Testing
Yes
No
Execution via Broker
Yes
Manual (via Smallcase)
Algo Marketplace
Yes
No
Costing (Slippage, Tax, Brokerage)
Included in backtests
Not disclosed
Instruments
Options, Futures, Stocks
Stocks only
Mobile App
Web-first
Yes

What is Teji Mandi?

Teji Mandi is a SEBI-registered Research Analyst platform that offers ready-made stock baskets to retail investors. These baskets are built around themes like “High Quality,” “Momentum,” or “Smart Growth,” and executed via Smallcase. Users can subscribe to receive portfolio updates and rebalance instructions.

It’s pitched as a “do-it-for-me” approach to investing. But there’s no way to see historical performance with cost adjustments, and you have to execute changes manually through Smallcase.

It’s easy to follow, but do you know what you’re following?

What is RA Algos by AlgoTest?

RA Algos is a curated marketplace of SEBI-registered algo strategies. It goes beyond stock baskets and offers full algo transparency: P&L charts, drawdowns, win rates, and live broker integration.

Want to backtest with slippage? Simulate before going live? Automatically execute via Zerodha or Dhan?
You’ve got all of that and more.

1. Execution & Automation

Teji Mandi

  • Portfolios are pushed to Smallcase.

  • You need to manually rebalance when notified.

  • No execution for derivatives (F&O).

RA Algos by AlgoTest

  • Strategies are directly executable via connected brokers.

  • Runs in real-time, no manual interference.

  • Covers Options, Futures, Stocks.

When seconds matter, automation beats manual every time.

2. Backtesting & Forward Testing

❌ Teji Mandi

  • No backtests available to users.

  • No way to test how the strategy would have performed historically.

✅ RA Algos by AlgoTest

  • Live historical backtests with slippage, taxes, and brokerage included.

  • Forward test feature lets you simulate future trades without real capital.

Would you board a flight if the aircraft was never tested?
Why invest in a strategy that hasn’t been?

3. Product Breadth: Stocks vs Algos

Teji Mandi

  • Focused only on stocks and long-only portfolios.

  • No options, futures, or shorting.

  • No customisation or combining of strategies.

RA Algos by AlgoTest

  • Strategies across multiple asset classes.

  • Create multi-strategy portfolios, fine-tune rebalancing.

  • Ideal for both conservative and aggressive traders.


Final Verdict

Criteria
Winner
Strategy Transparency
RA Algos
Automation
RA Algos
Instrument Coverage
RA Algos
User Control & Customization
RA Algos
Stock-only Investing
Teji Mandi (basic users)
App Usability
Teji Mandi

Why AlgoTest RA Algos Exists

We launched RA Algos because we saw too many platforms promise returns without accountability.

  • We don’t promise 90% accuracy.
  • We show you actual trade logs.
  • We work only with verified SEBI Registered RAs.
  • We empower you to test, execute, and optimize — without hidden data.

Conclusion

Teji Mandi is a great entry point for first-time investors who want a done-for-you stock basket with minimal friction. But for users who value evidence-based strategies, live execution, and more than just stock picks, RA Algos by AlgoTestis the clear winner.

  • Want to test strategies before trusting them?
  • Want options, futures, and automated deployment?

RA Algos by AlgoTest has you covered.

To check other similar platforms, head over to this article.