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About Crisil

Crisil Limited is a global, insights-driven analytics company. Our extraordinary domain expertise and analytical rigour help clients make mission-critical decisions with confidence.

Large and highly respected firms partner with us for the most reliable opinions on risk in India, and for uncovering powerful insights and turning risks into opportunities globally. We are integral to multiplying their opportunities and success.

Headquartered in India, Crisil is majority owned by S&P Global.

Founded in 1987 as India’s first credit rating agency, our expertise today extends across businesses: Crisil Ratings & Crisil ESG Ratings (separate entities), Crisil Intelligence, Crisil Coalition Greenwich and Crisil Integral IQ.

Our globally diverse workforce operates in the Americas, Asia-Pacific, Europe, Australia and the Middle East, setting the standards by which industries are measured.

For more information, visit www.Crisil.com

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About Services Provided by Crisil Limited

Our Company (hereinafter, “Crisil Intelligence”, “We”) is the largest valuation agency for fixed income securities, and a prominent debt and hybrid index provider in India. We publish rankings for mutual fund schemes, and provide granular portfolio analysis services for asset managers, financial intermediaries, retirement funds and institutional investors.

Our industry research and data analytics platforms provide client with insights across the Economy-Industry-Company (EIC) landscape to help assess risk and opportunities.

Our Company reports (that combine select financial and non-financial data, analytics from our proprietary risk models, and commentary on company’s financial performance) are used by commercial banks, financial institutions, and non-banking finance companies as part of their credit/ risk management process.

Our SME Gradings, used by lenders, assess creditworthiness of SME enterprises relative to the peers leveraging our proprietary grading model. The framework includes assessment of entity-level financial and operating performance, as well as industry-level drivers.

Our Fixed Income Indices provide standard and customized indices that are primarily used as performance benchmarks by mutual funds, insurance companies, and other investors in Indian markets and for creation of index-linked passive products by Indian mutual funds.

Our Valuation services provide equity valuation to Alternative Investment Funds (“AIFs”) and other clients for their portfolio of investments in unlisted equity.

Our Valuation services provide a basket of valuation services for multiple RBI and SEBI-regulated instruments and debt securities, including government securities, state development loans, T-bills, money market instrument, corporate bonds, and market linked debentures and is used by various institutional investors, such as mutual funds, insurers, pension funds, provident funds, banks, corporates, AIFs, and PMS, for valuation of their portfolio or calculation of net asset value.

Our Mutual Funds Ranking, ranks mutual funds across equity, debt, and hybrid categories using peer performance and portfolio data and also provides customised ranking offered to the clients, such as wealth managers, distributors and corporates.

Our AIF Benchmarking creates comparable industry performance benchmarks for various  categories of AIFs, prepares Performance Benchmark Report(s) for individual AIFs, and customized reports based on requests from AIFs, using data received from  AIFs.

Disclosures

(“Product”) is [•]. It is designed as a data analytics tool for informational purposes only and does not contain, or purport to represent any analysis, recommendation, or opinion to buy, sell, or hold any securities or provide any research analysis on any subject companies mentioned in this Product. The content in this Product is not an advertisement or endorsement or offer to sell any products of any third-party entities. This Product does not contain any price targets, earnings forecasts, or other forward-looking analysis, therefore, nothing should be interpreted as such.

It is clarified that this Product is not intended to provide a basis for any investment decisions. Nothing in this Product should be construed as an investment, legal, tax, or other advice. You agree to assume complete and full responsibility for the outcomes of all your investment decisions, including but not limited to losses, if any, that may be incurred by them. We shall not be responsible or liable for any losses, damages or other liabilities arising from of your investments in the securities markets. We advise you to consult your financial advisors or other qualified professionals before making any investment decisions.

The Product does not constitute a ‘research report’ as defined under the SEBI (Research Analysts) Regulations, 2014 (“RA Regulations”) i.e., it does not involve any analysis, recommendation, or opinion on securities that provides a basis for an investment decision. Hence, this Product is not being provided under our research analyst license with Securities and Exchange Board of India (“SEBI”). This means that this Product is prepared independently of any research services and is not subject to regulations framed by the SEBI.

This Product is being provided in accordance with the terms of the contractual agreement between you and Crisil Intelligence and in adherence with internal quality assurance and governance policies. Kindly be advised that you may not have recourse to the regulator or access to grievance redressal mechanism(s) available under the RA Regulations, in connection with this Product.

It is clarified that you assume the entire risk of any use made of the contents of this Product. Crisil Intelligence, its directors, employees, and associates, will not be liable for any direct, indirect, special, incidental, consequential, punitive, or exemplary damages, including lost profits, arising in any way from the use of this report.

We may publish internally generated or externally sourced indicative summaries, updates, commentary, analysis and information related to various events, developments, concepts or principles in the Product. All summaries, analysis and information are subject to modification and may be updated from time to time. We reserve the right to rectify errors/discrepancies in the data and information provided in the Product, if any are observed or brought to our notice, at any point in time, without being liable for such errors/discrepancies.

Crisil Intelligence does not purport to disclose all risks and other significant issues relating to any investments. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any data on past performances or historical analysis.

Crisil Intelligence and its associates may have business relationships with the subject companies of the Product. Crisil Intelligence maintains and enforces internal policies and procedures to identify and manage potential conflicts of interest across all its business activities.

Crisil Privacy Statement

Crisil Intelligence respects your privacy. We may use your contact information, such as your name, address, and email address to fulfil your request and service your account and to provide you with additional information from Crisil Intelligence. For further information on Crisil’s privacy policy please visit https://www.crisil.com/content/crisilcom/en/home/crisil-privacy-notice.html.