About the firm Business Model Investment philosophy CRISIL mutual fund ranking (CMFR) is a relative ranking of open ended funds with its peer group and covers equity, debt and hybrid asset classes. Ranking is based on the following parameters: mean return of NAV, active return (return in excess of CRISIL- AMFI performance indices), portfolio concentration
- Published in Dossiers on Rating Agencies
Role of financial ratings
30 October, 2015
by MMI Editor
When people hear the leader of a country comment on how a credit rating agency should rate its debt, they realise credit ratings are important. When they read about the role of credit ratings in the global financial crisis, they get angry about the finance industry being responsible for their misery, but figure they must
- Published in Portfolio Construction
Role of credit rating agencies
15 April, 2014
by MMI Editor
Credit rating agencies have been criticized for their role in the 2007 sub-prime crisis, which led to the global financial crisis, but it wasn’t until a recent lawsuit exposed their internal emails that it became clear to what extent they were responsible. While the global financial crisis can’t be blamed on any one in particular,
- Published in Business Issues, Economy & Markets