Mutual Fund Research
CRISIL is a front runner of the mutual funds research services industry in India. CRISIL Mutual Fund Ranking (CMFR) is highly popular among investors, intermediaries, and asset management companies (AMCs). We also provide customised mutual fund ranking to wealth managers, distributors, private banks, and advisory firms.
Given CRISIL’s strength in research and analytics for institutional clients such as provident funds (PFs) and treasuries, we are widely engaged for our investment portfolio evaluation services.
Our services include
Our methodology is based on global best practices and has gained high acceptance among investors, intermediaries and asset management companies in India. CRISIL also provides customised mutual fund rankings to wealth management, private banking, and advisory firms.
CRISIL’s PF Analytics provides Portfolio Analysis and Valuation Services for pension and provident funds. It also provides credible and transparent portfolio evaluation, equipping investment managers with a better understanding of investment alternatives and risk mitigation.
Includes periodical newsletters and fact sheets for the mutual fund industry. The newsletters provide market intelligence reports on important domestic and international business news, while the monthly fact sheets provide pre-specified template-based reports to AMCs, life insurers, and financial distributors.
CRISIL’s Mutual Fund Database assists AMCs and financial distributors, especially new entrants, in sourcing data and analytical content.
CRISIL's Desktop Tools provide utility tools for mutual fund research, wealth management, and financial planning.
CRISIL’s Treasury Analytics provides investment portfolio evaluation service for corporates, helping them get an in-depth, third-party evaluation of their investment portfolio.
CRISIL provides customised research services, such as mutual fund tracker, due diligence and qualitative assessment of funds. AMCs, distributors and wealth managers avail of these services.
Mutual Fund Ranking
Our methodology for CRISIL Mutual Fund Ranking (CMFR) is based on global best practices. It was launched in June 2000 and since then it has gained high acceptance among investors, intermediaries and asset management companies.
CMFR covers various categories across equity, debt and hybrid asset classes. Unlike most other ranking models, which are based purely on returns or net asset value (NAV), CMFR uses a combination of NAV and portfolio-based attributes for evaluation. This provides a single point analysis of mutual funds, taking into consideration key parameters such as risk-adjusted returns, asset concentration, liquidity and asset quality.
The ranks are assigned on a scale of 1 to 5, with CRISIL Fund Rank 1 indicating 'very good performance'. In any peer group, the top 10 percentile of funds are ranked as CRISIL Fund Rank 1 and the next 20 percentile as CRISIL Fund Rank 2. For further details, please check the ranking methodology document.
Customised Mutual Fund Rankings
Customised Mutual Fund Rankings are provided to wealth management, private banking and advisory firms. The benchmarking of Indian mutual fund schemes is based on a combination of qualitative and quantitative parameters. The customised rankings are based on the fund houses and fund categories shortlisted by the client, who then receives monthly or quarterly rankings based on mutually defined methodology and criteria.
CRISIL Limited is registered as a research analyst under SEBI (Research Analysts) Regulations, 2014 with registration number INH000007854 for the service. CRISIL Limited also engages in other business activities in the research and analytics domain.
Mutual Fund Tools
CRISIL's desktop tools aid in mutual fund research, wealth management, and financial planning.
Mutual Fund Research Tool
It offers a 360-degree analysis of Indian mutual funds, comes with an updated database providing all types of complex calculations, analysis, reports, and updates. The CRISIL Fund Analyser allows clients to view details, compare performance, monitor portfolio, and customise queries on more than 6,500 mutual fund schemes.
Wealth Management Tool
Provides robust performance features as well as scalability, as it covers all mutual fund assets. It offers client-wise summaries of portfolio holdings in various asset classes, industry/company wise holdings, and the gain/loss. It also has a transaction import facility and can be installed on the intranet for relationship managers across India to access.
Financial Planning Tool
Our financial planning model has various modules for generating a scientific financial plan. It includes sections from risk profiling, analysis of needs, to cash flow analysis. The financial planner is backed by a comprehensive asset allocation model, a combination of strategic and tactical asset allocation, and is scalable to meet unique specifications.
PF Analytics
Being in the business of providing Valuation and Benchmarking services, CRISIL launched Portfolio Analysis and Valuation Services for Retirement Funds. As an independent third party, CRISIL lends greater credibility and transparency to the process of portfolio evaluation. It also equips investment managers with a better understanding of investment alternatives and risk mitigation.
Services under Portfolio Analysis and Valuation Services include:
- Review of retirement funds’ portfolio
- Performance benchmarking
- Pay-out sustainability analysis
- Analysis of exposure to credit risk
- Asset-liability management
- Interest rate sensitivity analysis
- Valuation of retirement funds’ portfolio
- Investment policy compliance
- Performance benchmarking
- Pay-out sustainability analysis
- Analysis of exposure to credit risk
- Asset-liability management
- Interest rate sensitivity analysis
CRISIL Limited is registered as a research analyst under SEBI (Research Analysts) Regulations, 2014 with registration number INH000007854 for the service. CRISIL Limited also engages in other business activities in the research and analytics domain.
Treasury Analytics
Corporates can obtain in-depth third-party evaluation of their investment portfolio with our Investment Portfolio Evaluation Services. This considers various risk-related parameters such as credit, interest rate, concentration, and liquidity of portfolios, on a quarterly or ongoing basis.
Services encompasses:
- Investment research for selection of Asset Management Companies and mutual fund schemes
- Analysis of debt oriented schemes and fixed income securities, including bank fixed deposits, involving both pre-investment and post-investment evaluation
- Comprehensive evaluation of portfolios on a quarterly basis
- Performance benchmarking
- Investment policy compliance
- Valuation of investments in the treasury portfolio
CRISIL Limited is registered as a research analyst under SEBI (Research Analysts) Regulations, 2014 with registration number INH000007854 for the service. CRISIL Limited also engages in other business activities in the research and analytics domain.
Outreach Reports
Information and intelligence are crucial to the marketing activities of any organisation, and outreach reports are a key medium in this dissemination loop. They act to ensure brand recall by customers, and help relationship managers to streamline investor communication. CRISIL’s experienced and specialised team is adept at providing reports bespoke to the requirement, enabling wealth managers to concentrate on their core competencies.
Newsletters
Provides market intelligence reports that cover important domestic and international business news including equity, debt, foreign exchange, commodity market and economic updates. It also cover Indian mutual fund industry analysis including assets under management, performance, portfolio trends and more. These reports can be provided at daily, weekly, fortnightly, monthly, quarterly and annual frequency. CRISIL also provides articles on contemporary topics under this service.
Factsheets for mutual fund industry
CRISIL prepares monthly factsheets for AMCs, Life Insurance Houses and Financial Distributors based on pre-specified templates. These reports cover various events and statistics on the Indian mutual fund industry on a macro level. Scheme based reports such as scheme returns/risk analysis, AUM/portfolio analysis and factsheets are covered under this service. CRISIL's reports, based on specifications, can be useful in streamlining sales and investor outreach efforts.
Mutual Fund Database
One of the largest information providers to the Indian mutual funds industry, CRISIL assists AMCs, financial distributors, especially new entrants, in sourcing data and analysis content for their website. CRISIL's dedicated team continuously improves the quality of primary and secondary data, and ensures the highest level of data accuracy.
The mutual fund data captured by CRISIL is listed in the table below:
| Scheme Features |
NAVs | Portfolios | Corporate Actions |
|---|---|---|---|
| Scheme Name |
Face Value |
Company Name |
Dividend Rate |
| Scheme Inception |
Daily NAVs |
Sector Name |
Reinvestment Date |
| Benchmark Index |
Trailing Returns |
Quantity/Volume |
Record Date |
| Alternate Benchmark |
Risk Ratios |
Percentage Exposure |
Dividend Per Unit |
| Investment Objective |
SIP Returns |
Rating |
Dividend Yield |
| Fund Manager Name |
52 Weeks High |
Rating Agency |
Bonus Date |
| Fund Manager Qualification |
52 Weeks Low |
Market Value |
Bonus Ratio Held |
| Fund Manager Experience |
Security Class |
Bonus Ratio Received |
|
| Loads |
ISIN |
||
| Categorisation |
AUM |
||
| SIP/STP/SWP Details |
Average Maturity |
||
| Plan (Direct/Regular) |
Modified Duration |
||
| Investment Option (Growth/Dividend) |
Top Holdings |
||
| Dividend Frequency |
Top Sectors |
||
| Maturity Type |
|
||
| Minimum Investment Amount |
|||
| Additional Investment Amount |
|||
| Expense Ratio |
Mutual Fund Customised Services
Our customised research services - Mutual Fund Tracker, Asset Manager Due Diligence and Qualitative Scheme Research - are best suited for AMCs, distributors, and wealth managers.
Mutual Fund Tracker
Asset Management Companies (AMCs) can track their scheme's monthly performance on the CRISIL Mutual Fund Ranking (CMFR) parameters vis-a-vis a defined peer group. AMCs can subscribe to the ‘Mutual Fund Tracker’ and use it to improve performance and risk evaluation continuously.
Asset Manager Due Diligence
We provide asset managers (mutual funds, PMS, life insurance) with an in-depth assessment of key departments such as investment, risk, and operations. We also offer independent opinions on investment and risk functions of the asset manager, through detailed review of policies, processes, and management meetings.
Qualitative Scheme Research
We provide in-depth analysis of mutual fund schemes. The report analyses the fundʼs investment and asset allocation strategy, and evaluates the fundʼs portfolio against risk parameters such as credit, liquidity, interest rate and concentration. The report also analyses risk-adjusted performance across time frames to identify the source of returns for the fund manager.