Thursday, March 15, 2007

Rating of Mutual Funds

The funds are classified according to their managerial efficiency and performance based on certain common parameters of quality. This service is given inIndia by CRISIL, ICRA

Pl remember that rating is not perpetual. It is about that period under consideration. It is again only for that product and no other product from the same fund. So always look for th ecurrent rating reports only

valueresearchonline give 5star to single star grading
CRISIL give CPR 1 to CPR 5 and
ICRA give MFR 1 to MFR 5 to denote progressively good performance

Have a glance on the original Malayalam version in Business Mnorama dated February 19, 2007

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