FundsIndia, an online advisory MF portal has launched their own research-driven, in-house funds rating service – FundsIndia ratings (FI ratings). With this launch, FundsIndia claims to become the first investment service provider to rate and analyze mutual funds.
Currently, the portal has their own basket of researched funds called as FundsIndia Select Funds. With FundsIndia ratings, investors would not only have access to Select Funds, but also get an idea of where their other current holdings stand, in relation to category peers.
‘Over the years, our research team, using insights received from interactions with fund managers, investment experts, and investors, has built a robust methodology to analyze mutual funds. This methodology has been fine-tuned over several years of observation and experience with funds and markets. We believe it is now time to share the results of our analysis with our investors through FundsIndia ratings’, said Srikanth Meenakshi, Co-founder and COO, FundsIndia.com in a press release.
‘FundsIndia Ratings is a result of intensive in-house research work by the Mutual Fund Research desk, using quantitative metrics that have been fine-tuned over years, with learnings from experts, the industry and our investors. FundsIndia Ratings is one more step in our endeavor to provide our investors with a comprehensive investment platform. My team and I are working to ensure that investors receive the best-in-class advisory and research’, said Vidya Bala, Head, Mutual Fund Research, FundsIndia.com.
