Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
S&P Global Ratings expressing confident over India’s economic growth has said that the country’s economic growth prospects should remain strong over the medium term, with gross domestic product (GDP) expanding 6-7.1 per cent annually in fiscal years 2024-2026. In a report titled ‘Global Banks Country-By-Country Outlook 2024’, S&P said the banking sector’s weak loans will decline to 3-3.5 per cent of gross advances by March 31, 2025, on the back of structural improvement, including healthy corporate balance sheets, tighter underwriting standards and improved risk-management practices.
It added that interest rates in India are unlikely to rise materially, and this should limit the risk for the banking industry. S&P Primary Credit Analyst Deepali Seth Chhabria said ‘Unsecured personal loans have grown rapidly and could contribute to incremental NPLs. We believe underwriting standards for retail loans generally remain healthy and overall level of delinquencies remains within acceptable limits for this product category’.
The report said that global uncertainties will have a lesser impact on the Indian economy. It further said slower global growth and external demand will weigh on economic activity and could fuel further inflation. However, given that India is domestically oriented, the agency expects the economic growth to be less affected. Meanwhile, India’s real GDP rose 7.8 per cent year-on-year in the June quarter, up from 6.1 per cent in the March quarter.
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
