Rating Symbols and Definitions
for Long Term Debt Mutual Fund
Schemes
Long term debt mutual fund
schemes: The debt mutual fund schemes that have an original maturity exceeding
one year.
Rating symbols should have CRA’s first name as prefix
AAAmfs - Schemes with this rating are considered to have
the highest degree of safety regarding timely receipt of payments from the
investments that they have made.
AAmfs - Schemes
with this rating are considered to have the high degree of safety regarding timely receipt of payments from the investments that they have
made.
Amfs - Schemes
with this rating are considered to have the adequate degree of safety regarding timely receipt of payments from the investments that they have
made
BBBmfs - Schemes with this rating are
considered to have the moderate degree of safety regarding timely receipt of payments from
the investments that they have made.
BBmfs
- Schemes with this rating are
considered to have moderate risk of default
regarding timely receipt of payments from the investments that they have made.
Bmfs - Schemes with this rating are considered to have high risk of
default regarding timely receipt of timely receipt of payments from the
investments that they have made.
Cmfs - Schemes
with this rating are considered to have very high risk of default regarding
timely receipt of timely receipt of payments from the investments that they
have made.
Modifiers {"+" (plus) / "-"(minus)} can be used with
the rating symbols for the categories AAmfs to Cmfs. The modifiers reflect the comparative
standing within the category.
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