"CRISIL CPRs"
(Composite Performance Rankings) released every quarter,
have become the accepted performance evaluation standard
and investment decision support tool used widely by the funds,
distributors and investors. The performance criteria covers not
only risk adjusted returns, which are historical, but also the portfolio
constitution to make the analysis forward looking. A dozen-odd Fund Houses
use CRISIL CPRs in their marketing and publicity materials to mobilise
higher resources for their various schemes.
Several funds also subscribe to its "CPR Watch"
Service - a customised, monthly "ranking watch" service that
evaluates scheme performances on the various CPR risk
and return drivers as well as portfolio attributes.