Expressing optimism over India’s growth, Sanjiv Puri, president-designate of leading industry body CII, has said that the country is growing when the world is going through a phase of stress. He said that the present juncture is an interesting moment. He also said ‘CII has a rich legacy built over decades. We will certainly be looking forward to contributing to the growth of the economy and industry’.
He said ‘This is also an interesting moment because this is India’s moment. There has been numerous policy interventions made internally, and the global factors which give us the tailwinds. The country is growing at a time when the world is at stress.’ Puri said that there are lots of opportunities in India which has a huge talent pool. He added ‘The world is looking at us so far as supply chain and digital transformation are concerned. India also has the advantage of the demographic dividend’.
He said big opportunities lay both in services and manufacturing. He said ‘The country needs to harness these opportunities. Reforms agenda to accelerate and enterprises need to play competitiveness’. He stressed the need for an inclusive and sustainable growth which is important to create livelihoods. He said ‘Industry can survive when society thrives. Decarbonisation will address the issue the climate change but will take time. Enterprises and government need to work together’.
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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