# AlgoTest vs Teji Mandi: What's the Better Option for Beginner Traders?
Author: AlgoTest
Author URL: https://algotest.in/blog/author/algotest/
Published: 2025-07-09
Category: General
Category URL: https://algotest.in/blog/category/general/
Tags: algo trading, product
Tag URLs: algo trading (https://algotest.in/blog/tag/algo-trading/), product (https://algotest.in/blog/tag/product/)
URL: https://algotest.in/blog/ra-algos-vs-teji-mandi/

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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](https://algotest.in/ra-algos?utm_source=blog&utm_medium=organic&utm_campaign=seo), 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?

Read more: [**Is Algo Trading Profitable in India in 2026? SEBI Rules, AI and Risk Management**](https://algotest.in/blog/algo-trading-profitable-india-2026/)

## 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,**](https://algotest.in/blog/options-trading-a-comprehensive-guide-with-algorithmic-strategies) **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.


Read more: [**How to Backtest Options Trading Strategies (With Examples)**](https://algotest.in/blog/how-to-backtest-options-trading-strategies-with-examples/)

#### ✅ 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 Exist

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 AlgoTest** is 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.](https://algotest.in/blog/ra-algos-vs-univest/)


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