Fundamentally sound companies selected using Greenblatt's Magic Formula Investment Strategy.
The “Little book that beats the stock market” written by Joel Greenblatt's talks about value investment strategy. The books discusses about higher return on capital employed which leads to higher profit earning. Return on capital employed measures the profitability and efficiency of the company. This Neuron is built by applying the Magic formula as described in the book, with special emphasis being given on those stocks which are trading at reasonable price for long term portfolio.
Capital Requirement: 200K
*Inclusive of complaints of previous years resolved in the current month/year.
#Inclusive of complaints pending as on last day of the year.
^Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.
Data is updated on or before 7th of every month.
**ATR submission date has been considered as the date of resolution of the complaint by IA-CapitalVia.