FundsIndia.com launches FundsIndia Ratings
FundsIndia.com, India’s first online-only investment platform for mutual funds and equities, has launched their own research-driven, in-house funds rating service – FundsIndia ratings (FI ratings). With this launch, FundsIndia becomes the first investment service provider to rate funds, and is amongst the few in the country to analyze and rate mutual funds.
Currently, FundsIndia’s basket of researched funds – FundsIndia Select Funds, is widely regarded and used by the investor and advisory community.
With FundsIndia ratings, investors would not only have access to investment-worthy funds through 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
With the impressive growth of the firm in recent years, an in-house ratings system has become imperative, and ensures that the institutional views of the house are expressed uniformly across the platform. This momentous launch moves FundsIndia closer to their vision of being a comprehensive mutual fund platform.
‘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.