Is your Mutual Fund & Stock Portfolio yielding Best Returns?

Issue 133, Weekly Wealth Newsletter: 11th Mar 2024 – 18th March 2024

Is your Mutual Funds and Stock portfolio yielding Best Returns?

Alpha is the measurement of an investment portfolio’s performance against a certain benchmark –usually a stock market index. In other words, it’s the degree to which a investor has managed to ‘beat’ the market over a period of time. The alpha can be positive or negative, depending on its proximity to the market.

The Question is, when was the last time you reviewed your Mutual Fund and Portfolio and calculated Alpha on your portfolio?

Investing is dynamic, Stock Markets are dynamic, Mutual Fund performance is dynamic. It is always advisable to review your portfolio in every 3- or 4-Months’ time to check your Portfolio Performance.

Call us @ 63795 18807 to Review your Mutual Funds & Stock Portfolio

Weekly Market Update

Indian equities ended flat but at a record high on Thursday. The gains led by financials and after the United States (US) Fed Chair, in congressional testimony, signalled a rate cut this year, were trimmed due to stock-specific sell-offs.

Mutual Fund Corner

ICICI Prudential Multi Asset Fund

To invest in SIP & in Mutual Funds Click the link and start your investments instantly

http://www.assetplus.in/partner/sathishkumar

Stock of the Week

Indus Towers

CMP – 255

Target – 299 ( In 12 – 8 Months Time Frame)

Indus Towers is a provider of tower and related infrastructure sharing services. It is one of the largest telecom tower companies in India based on the number of towers and co-locations operated by the Company.

It has over 211,775 towers and 360,679 co-locations and a nationwide presence covering all 22 telecom circles

Healthy long term growth as Net Sales has grown by an annual rate of 32.68% and Operating profit at 17.06%

With a growth in Net Profit of 18.99%, the company declared Very Positive results in Dec 23

With ROCE of 13.4, it has a Attractive valuation with a 2 Enterprise value to Capital Employed

DEBT-EQUITY RATIO(HY) Lowest at 0.87 times

For your Equity recommendation – open a De Mat account with Angel Broking with this link

https://tinyurl.com/yfe6m7dl

This week Media Publications

Middle Class to Million Dollar Book