Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
Apex industry body, Confederation of Indian Industry (CII) has expressed its deepest concern on the dismal Index of Industrial Production (IIP) figures and asked for early implementation of non-legislative policy measures. It said that continuing slowdown of the industrial sector, with manufacturing growth in the negative territory is even lower than expectations. IIP grew at 0.1 per cent in July, way below the growth rate of 3.7 percent in the corresponding period last year.
The apex industry body while saying that monetary intervention in the form of repo rate cut has been due for a while, stressed on the need to cut interest rates by the Reserve Bank in order to boost the sentiment.
Chandrajit Banerjee, Director General, CII said that it is imperative that non legislative policy measures are announced at the earliest, which could help improve confidence levels in the economy. ‘At this juncture, announcements on FDI, fiscal consolidation, manufacturing policy implementation, etc would be of great help.’
Further, he said that impediment to manufacturing growth such as issues of land, power and business regulatory environment need to be addressed. The manufacturing sector, which constitutes over 75% of the index, witnessed a contraction in output by 0.2% in July, as against growth of 3.1% in the same month last year.
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
