I can relax as they have given the right direction to my investments."
Mr.Jagdish Mansukhani,
Chairman & MD,
Man Steel & Power Ltd
Experience
In-depth Holistic Research
Service-orientation
Client-focused delivery
At Metcon Finance, our Model Fund - Metcon Finance Capital Index (MFCI) - has given supernormal returns, in the short as well as the long term.
For the Calendar Year 2012, the Metcon Finance Capital Index shot up by 44% vs. 28% return given by the benchmark Indian indices.
In a 1-yr performance comparison for 2011-12, the returns on the MFCI were 52% vs. -10% given by the benchmark Indian indices, with some of MFCI's Star Stocks giving returns of over 110% in 8 months!
In the bearish market of August-December 2011 when most traders were making losses and some went bust, Metcon Finance's calls gave 60% returns through short selling strategies!
Our stock-picking is based on the Fundamental & Technical analyses and Behavioural economics of the markets. Moreover, with help of specialized sophisticated analytical softwares, which helps in giving an accurate technical judgement of a particular stock, we have been able to give around 80% hit-ratio in the short term calls and almost 95% accuracy in our long-term fundamental calls.
When the entire market was bearish on Larsen & Toubro (price: 980) and expected it to fall to Rs. 900 and even below, we recommended a BUY on L&T with a short term target of Rs.1375 which was achieved in a month and the long term target of Rs.1680 (18 months) was hit within 10 months.
Mahindra Satyam which was regarded as a tainted stock due to its previous owners was recommended by our Research Team as an Overweight and BUY at Rs.57 which within a year touched Rs.90 and then our second target of Rs. 125. We are very bullish on the merged entity, Tech Mahindra and have given a 5-yr target of Rs. 2000 because of its strong business model, top notch services, visionary management and synergies from the merger which has made it into the 5th largest Indian IT/ITeS enterprise
We had recommended a BUY on Bajaj Finserv at Rs 480 on basis of the wide range of business segments it is in and the growth and market share of each segment. It met its 1st target of Rs.750 within 5 months
There are many quick money-making schemes in the market which eventually trap many investors & traders - big & small. We refrain from falling in such death traps and caution investors & traders from falling prey to such dubious schemes as well.
Mr.Jagdish Mansukhani,
Chairman & MD,
Man Steel & Power Ltd