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HCL Technologies is going to invest Rs 750 crore to set up two facilities in Andhra Pradesh (AP). This investment will help create 7,500 jobs in 10 years.
In the first phase, the company will invest Rs 400 crore to build a R&D centre in Kesarapalli village in Gannavaram, while the second phase will be taken up later in Amaravati, the new capital of Andhra Pradesh in a campus of 20 acres with an investment of Rs 350 crore.
HCL Technologies is a leading global IT services company that helps global enterprises re-imagine and transform their businesses through digital technology transformation.
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.
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*Color code for outperformance consistency
*Number is average 3 year rolling returns
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