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Rating Radar

While 45 schemes got upgraded, 32 were downgraded in Justectus's June fund ratings | |
While 32 funds were upgraded, 24 were downgraded last month in Justectus Fund Ratings | |
Altogether 10 funds entered Justectus ratings in April, of which nine were rated for the first time | |
At 27 and 26, the number of upgrades was just one higher than the number of downgrades in Justectus’s ratings of mutual funds for March | |
ICICI Prudential Income Opportunities Retail’s (Debt: Medium-term) splendid showing gave it a direct entry into the 5-star category | |
The Justectus Fund Ratings did not see any significant movements in fund performances, with most funds, or fund houses, retaining their positions | |
Among the 18 new funds that entered the VR Fund Rating system for the first time, four got the top slot | |
The new additions have raised the total in the elite category to 53 funds | |
A top-class combination gave Birla Sun Life MF the top spot | |
Justectus Star Ratings was impacted only to an extent by the rising markets’ effect on funds | |
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