How PMI Works and its Importance | DSP Mutual Fund
When the growth data of the country is released, it is already obsolete as the economy has moved forward by then, which means it is a ‘lagging indicator’. However, there is another indicator whose data is available right at the start of the month, which makes it a ‘leading indicator.’ Moreover, all countries follow the same calculation method to calculate this indicator, which makes it perfect for comparison with other countries. In this video, Ankita Pathak, Investment Manager - Products & Macro at DSP Mutual Fund, explains the Purchasing manager’s Index (PMI) in detail. She addresses important questions like: Why is PMI so crucial? Which sectors does PMI cover? What does PMI indicate? How does high PMI affect the overall market? Watch this video to learn how the growth of a country is captured by PMI and how various markets move in response to PMI numbers. 00:00:00 Introduction of PMI 00:00:30 Importance of PMI indicator 00:01:43 Advantage of PMI 00:02:15 What does PMI indicate? 00:03:28 How does PMI affect the overall market? Want some investing guidance? Click here & we'll get in touch: https://bit.ly/DSPMF_LFB #HowPMIWorks #PurchasingManagersIndex #PMI #ImportanceOfPMI #dspmutualfund ---------------------------------------------------------------------------------- ► As a responsible guide to investors, DSP Mutual Fund aims to help you make better-investing decisions. Subscribe to our YouTube channel and stay tuned for educational & informative insights on Mutual Funds, Investing & Money: https://bit.ly/DSPMF_YTSubs ► Want to learn more about investing concepts & empower yourself to become a better, more responsible investor? Visit our investor education content library here: https://bit.ly/DSPMF_LL ► Want to read industry-leading educational & informative insights, timely analyses, rich articles & a range of stories on money, investing & more? Visit our blog here: https://bit.ly/DSPMF_Blogs About DSP Asset Managers: We are a leading Indian asset management firm with a two-decade+ track record, and we're focused on helping you #InvestForGood. Today, over 3 million Indian & International investors trust us with their hard-earned money. DSP Group, the family behind DSPIM, is one of the oldest financial services companies in India, with a rich heritage & history of over 150 years. For more interesting educational content, connect with us: ► Twitter - https://bit.ly/DSPMF_Twitter ► Instagram- https://bit.ly/DSPMF_Instagram ► LinkedIn - https://bit.ly/DSPMF_LinkedIn ► Facebook - https://bit.ly/DSPMF_Facebook #dspmutualfund #investforgood #invest #financialsector #sectorinvestment #investment #investor Disclaimer: Past Performance may or may not be sustained in the future and should not be used as a basis for comparison with other investments. Mutual Fund investments are subject to market risks; read all scheme-related documents carefully
