Thursday, March 22, 2012

Rating Symbols-6

Rating Symbols and Definitions for Short Term Debt Mutual Fund Schemes
Short term debt mutual fund schemes: The debt mutual fund schemes that have an original maturity of upto one year.
 Rating symbols should have CRA’s first name as prefix
A1mfs - Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made.
 A2mfs - Schemes with this rating are considered to have strong degree of safety
regarding timely receipt of payments from the investments that they have made.
 A3mfs - Schemes with this rating are considered to have moderate degree of
safety regarding timely receipt of payments from the investments that they have
made.
A4mfs  - Schemes with this rating are considered to have minimal degree of safety regarding timely receipt of payments from the investments that they have made.
Modifier {"+" (plus)} can be used with the rating symbols for the categories A1mfs to A4mfs. The modifier reflects the comparative standing within the category.

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