Monday, November 16, 2009

Where is your Mutual Fund Ranked ?



Every Investor wants to invest in the best scheme. Ironically, they imagine the scheme they have invested is THE BEST. But to really find the 'status' of your scheme, you need to figure it out in the attached file, where funds are ranked as Platinum, Gold, Silver, Bronze and Lead. These grades or ranks are by consistency in returns, risk optimization, portfolio quality, investment ethics and transparency levels. Hence a Platinum fund needs to score the best in all these categories and NOT purely on raking up higher returns by taking higher risk. It is ideal to move up the ladder and remain invested in the Top Funds.

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