Indian rupee has shown mild strength against the US dollar on Friday as foreign institutional investors continued to pour capital in Indian markets. The foreign institutional investors were the net buyers of securities worth Rs 3,623.51 crore on Thursday’s session. Further, investors were optimistic after the additional Secretary in the Department of Commerce, Darpan Jain has said the India-European Union (EU) Free Trade Agreement (FTA) includes a comprehensive work plan to address concerns surrounding the EU's Carbon Border Adjustment Mechanism (CBAM), commonly referred to as the carbon tax. On the global front, the British pound has weakened against the US dollar on Friday amid rising concern over escalating tensions in Middle East.
Finally, the rupee ended at 95.43 (Provisional), strengthened by 7 paise from its previous close of 95.50 on Thursday. The currency touched a high and low of 95.46 and 95.25 respectively.
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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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The Alchemists Ark Pvt. Ltd. |
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