If you do not get the title, then this write-up is probably not for you. Wrote in June-2021.
So last year I bought Moneycontrol.com subscription. I use
it extensively. Moneycontrol.com was my go to site for news, portfolio tracking
as well as stock research. My overall experience after a year of use is as
follows.
Pros:-
1.
While tracking Equities, MF even FDs,
Moneycontrol is
a.
Easy make portfolio, can even import data.
b.
Quick to add, edit, delete & view investment
c.
All info is readily available at a quick glance.
2.
For stock research
a.
Historical Data downloadable in Excel
b.
Visual representation of Share holding pattern,
profit, sales are available.
c.
All information available one below the other,
so accessing it, is a matter of scrolling
3.
News
a.
Daily news before market opening.
b.
Moneycontrol Pro Panorama news letter
c.
Daily technical recommendation.
4.
Others
a.
Moneycontrol subscription also came with an optional subscription to various technical and fundamental analysis.
Cons:-
1.
News on Moneycontrol are not fewer than what
available for free on other platforms like ET and Business Standard. Even after
partnership with Financial Express, where you get articles from Fe, there
wasn’t much of an improvement.
2.
Monecontrol Pro newsletter needs serious
upgradation. That newsletter is dispatched on ‘one size fit for all’
methodology. It is just top 5 news with a paragraph of running commentary.
3.
Regarding research data, I think BSEInida.com
offers a similar experience and for free. In some cases, I will rate BSEIndia
higher than Monecontrol because of minimalistic graph and bar use. Rather than
having graphical element in each and every aspect like Moneycontrol, BSEIndia
keeps it restricted to numbers only.
4.
Also sometimes I found, when you need access to
company’s result filling data, it is not available on Moneycontrol site. But
BSEIndia gives separate links to Standalone and Consolidated results filling.
5.
Broker research which is available on google
search sometimes does not appear in Moneycontrol sites.
Hence I finally decided to move
on to a new site. Below is a price comparison of top Business newspapers of India.
1.
Financial Express does not have any paid
subscription. At least I do not find it on their website. Also, I could not find
portfolio or stock research tabs.
2.
Same thing with Mint. I do not think even with
WSJ subscription Mint justifies price higher than ET.
3.
The Hindu Business Line seems beneficial only if
bought along with other Hindu Group publications. Standalone I do not see any
value to it.
4.
Finally, we come down to the usual suspects. I feel,
Business Standard with 12 months free on 1 year subscription, is great value
for money proposition.
5.
The 3 things that encourage me to go for ET are
as follows
a.
Extensive stock report of 11 pages detailing
projected turnover, technical score, and all the stuff. As research was one of
the reasons I wanted the subscription I found those reports very helpful. One
sample report is available for reading. ET also provides reports on a daily
(technical) and weekly basis. They claim the
value of such reports is worth Rs.
1,499/-
b.
Additional subscription to OcuBay a documentary
platform and Times Prime an entertainment platform.
c.
I, out of curiosity, checked ET app and found
20% discount. Which brought ET Rs. 2,000 pa.a. only Rs. 200/- more than
Business Standard. Even though Business Standard is running 12+12 scheme I
thought ET would be more than beneficial.
Hence I chose ET subscription.
