Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
Worth Seeing!
Invest in Cases Systematically - Every stock is handpicked
Start Buying Now
Start Buying Now
The India - ASEAN free trade agreement (FTA), which is currently restricted to trading in goods only, is expected to widen its scope as negotiations for a similar agreement for services are currently under way. According to Federation of Indian Chambers of Commerce and Industry (FICCI) - Deloitte White Paper, the FTA is likely to open up a range of business avenues and projects for the Indian companies and strengthen the trade dependence between India and ASEAN.
The White Paper underscored that opportunity in construction sector are enormous for Indian companies and they can seriously pursue opportunities in the construction related activities such as construction of bridges, canals, roads, school buildings, sports facilities and water-treatment plants.
The paper also highlights that Asean countries would also provide considerable business avenues in machinery, equipment, appliances apparatus and associated products, office equipment, computers and supplies, instruments and appliances, industrial process control equipment, optical instruments, and horological instruments industry/services categories. India also stands to gain in sectors such as medical supplies, telecommunication, radio, television and communication equipment, textiles, handicrafts and chemicals from its trade with the Asean economies.
Moreover, optimum gains of the FTA, which was signed on August 13, 2009, and came into effect from January 1, 2011, can only be realized when the trade agreement gets ratified by all the ten members of the Asean. So far, only eight nations viz., Singapore, Indonesia, Malaysia, Vietnam, Brunei Darussalam, Laos, Thailand and Myanmar have ratified the agreement. Though Cambodia and Philippines are yet to ratify the deal, both have indicated that they would implement their deal in the next of couple of months.
The India ASEAN FTA which was signed in Bangkok with Malaysia, Thailand and Singapore, is expected to be in place with all member countries by 2016. The FTA collectively covers a market of nearly 1.8 billion people and proposes to gradually slash tariffs for over 4,000 product lines. The trade between the two stood at about $44 billion in 2009-10.
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
