MONEYCONTROL'S NFO RATING
Moneycontrol's Rating of NFOs is arrived at after an in-depth analysis of critical parameters, such as the size and expertise of the Asset Management Company within the asset class, relative performance of similar schemes in the asset class, and performance of NFOs by the AMC in the last one year. Only AMC with at least 12-month performance track record are considered for the rating. The rating is on a scale of one to five with the former being the least score and the latter being the maximum score assigned.
The rating seeks to keep investors informed about how well the NFO can perform. However, investors are cautioned that past performance is not indicative of the future performance of the fund.