CRISIL Fund Services in its quarterly Composite Performance Ranking (CRISIL~CPR) of the mutual fund schemes, recognises the schemes which have given investors reason to smile.
It also serves as a guidepost for the investors to shortlist the mutual fund schemes in their investment decision process.
To keep abreast with the fast changing ground realities in the financial markets, the CPR methodology is put under the magnifying lens of the money managers and the feedback is discussed and debated before it is incorporated in the methodology.
For the sake of continuity and stability, the methodology changes are incorporated only once in a year in September.