The eligibility criteria and methodology for the CNBC-TV18 - CRISIL Mutual Fund of the Year 2012 Awards:
Eligibility Criteria
Funds should be ranked for all the four quarterly CRISIL Mutual Fund Rankings in 2011.
Methodology
- The parametric scores across the four quarterly CRISIL Mutual Fund Rankings are considered. The parameters include a combination of NAV-based parameters such as return and volatility, and portfolio-based attributes such as concentration, liquidity and asset quality.
- All eligible funds in a category are ranked relative to the best performer on each parameter for each quarter. The best performer gets a scaled score of 1 and the others get progressively lower scaled scores based on their performance.
- The quarterly scaled scores are then averaged to arrive at scores for each parameter for the year.
- The final score for each fund is arrived at by applying an assigned weightage, as in the CRISIL Mutual Fund Ranking, to each of the parametric scores.
The fund with the highest final score is the winner in the category.
Eligibility Criteria
Products launched in 2011 across asset categories.
Methodology
- Schemes are scored on the basis of product concept, marketing and distribution channels, timeliness of launch and mobilization and performance.
- The scheme with the highest weighted score is the 'Most Innovative Product of the Year'.
Eligibility Criteria
Funds launched in 2011 across asset categories
Methodology
- Funds are scored on the basis of product concept, marketing and distribution channels, timeliness of launch and asset mobilisation
- The fund with the highest weighted score is the 'Most Innovative Fund of the Year'.
Eligibility Criteria
Fund houses that have obtained at least one CRISIL Fund Rank 1 during 2011.
Methodology
- Fund houses are scored on quality of communication to investors, focus on retail investors, geographical penetration and client servicing.
- The fund house with the highest weighted score is the 'Most Investor-Friendly Fund House of the Year '.
Eligibility Criteria
Large Cap, Diversified, Small & Mid Cap, Equity Linked Savings Scheme (ELSS), Index, Thematic - Infrastructure, Balanced, Consistent Equity and Consistent Balanced categories are considered.
Methodology
- Quarterly CRISIL Mutual Fund Ranks during the year for the above categories, for ranked funds from eligible fund houses, are multiplied with appropriate factors to arrive at the weighted scores.
- The mutual fund house with the highest weighted score is the 'Equity Mutual Fund House of the Year'
Eligibility Criteria
Gilt, Income, Income – Short, Liquid – Retail, Liquid – Institutional, Liquid – Super Institutional, MIP – Aggressive, MIP – Conservative, Ultra Short Term Debt – Retail, Ultra Short Term Debt – Institutional, Ultra Short Term – Super Institutional, Consistent Debt and Consistent Liquid categories are considered.
Methodology
- Quarterly CRISIL Mutual Fund Ranks during the year for the above categories, for ranked funds from eligible fund houses, are multiplied with appropriate factors to arrive at the weighted scores.
- The mutual fund house with the highest weighted score is the 'Debt Mutual Fund House of the Year'.
Eligibility Criteria
The mutual fund house should have won at least one scheme level award.
Methodology
- Quarterly CRISIL Mutual Fund Ranks during the year across all categories, for ranked funds from eligible fund houses, are multiplied with appropriate factors to arrive at the weighted scores.
- The mutual fund house with the highest weighted score is the 'Mutual Fund House of the Year'.
Eligibility Criteria
Fund managers who have managed large cap, diversified, small and mid cap and ELSS equity mutual funds for five years.
Methodology
- Risk-adjusted performance, assets managed and CRISIL Mutual Fund Ranks for funds managed by the fund manager, over five years, are multiplied by appropriate factors.
- The fund manager with the highest weighted score is the 'Equity Fund Manager of the Year'.
Eligibility Criteria
Fund managers who have managed long-term income and gilt mutual funds for three years.
Methodology
- Risk-adjusted performance, assets managed and CRISIL Mutual Fund Ranks for funds managed by the fund manager, over three years, are multiplied by appropriate factors.
- The fund manager with the highest weighted score is the 'Debt Fund Manager of the Year'.
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