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Reliance Mutual Fund most successful fund house of India: Crisil
Driven by strong performance, Reliance Mutual Fund has emerged as the most successful fund house in the country for the quarter ended June 2009, according to Crisil FundServices.
Crisil FundServices, in its Composite Performance Ranking (Crisil-CPR) for the quarter ended June, awarded the Crisil CPR 1 rank to six mutual fund houses. Crisil CPR is the relative performance ranking of mutual fund schemes within the peer group.
At the end of July, Reliance MF was the largest fund house in the country with assets under management worth Rs 1,08,334 crore.
The other fund houses which have notched the CPR 1 rank includes HDFC MF, ICICI Prudential MF, Birla Sun Life MF, DSP BlackRock MF and UTI MF.
Source: ptinews
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