You must heard about the Mutual Fund ratings in media and news papers and on the Internet. But Do you know that What is Mutual Fund Rating and why is it important?
What is Mutual Fund Rating?
Indian Mutual Fund industry is a new one. It started after 1995. After 1995, Government of India has allowed private sector companies to enter into this Industry. After that several Mutual Fund Companies entered into this space & Finding a Best Mutual Fund itself became a tireding job.
In Countries like USA, there are more mutual funds than total number of stocks listed on the stock exchange.
And that’s why the concept of Mutual Fund Rating came into exists. Mutual Fund Rating Agency do all of the mutual fund analysis job for us. They analyze all the mutual funds on behalf of us on monthly or quarterly basis. These Fund rating agencies do Star Rating of every fund based on several criterias such as past performance, fund manager, peers, portfolio analysis and many more…
Every Fund is rated one to five star. 4-star or 5-star rated fund is good for investment. Reputed Mutual Fund rating agencies smoothen your work. They do all the hard work for you. your job will be reduced.
There are 3 Best Mutual Fund Rating Agencies in India -
01) Valueresearchonline.com – Valueresearchonline.com is India’s best mutual fund rating agency. Dhirendra Kumar is the CEO of Valueresearchonline.com I personally use and prefer this fund rating agency,
02) MutualFundsIndia.com – This is also a ICRA based Fund rating agency.
03) Moneycontrol.com – It is also a good and reputed fund rating agency.
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