Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
Industry body, Federation of Indian Chambers of Commerce and Industry (Ficci) has lauded the affirmation of India's stable and positive sovereign rating by Fitch and Moody's and said that the move will uplift investor sentiment and help in attracting greater foreign investments across the board.
Ficci said that the affirmation reflects the improving outlook for Indian economy on the back of various reform measures taken by the government towards simplification of regulatory regime, maintaining fiscal and external balances and fostering a conducive business climate. As the government remains committed to the broad-based reform agenda, reaching the ambitious milestones of growth, employment generation and improved livelihood will not be difficult.
The industry body has further stated that to sustain investor interest, implementation remains the key. We hope that the reform momentum shall continue with an emphasis on long-term socio economic development.
Moody's has raised India’s credit outlook to ‘positive’ from ‘satable’, though its India's sovereign rating stands at 'Baa3', the lowest investment grade. While, Fitch, maintained its equivalent ‘BBB-‘ rating with stable outlook, but projected 8 percent GDP growth for the current fiscal, higher than 7.8 percent estimate of the RBI.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
