FundIndices: CRISIL indices for mutual funds - Jun 10
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K.Karthik Raja
Jun 11, 2008, 3:09:28 AM6/11/08
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FundIndices: CRISIL indices for mutual funds - Jun 10
Wednesday, Jun 11
Following are the CRISIL indices for mutual funds for the seven
trading days to Jun 10:
.
Date Equity Debt Balanced Gilt Liquid
2-Jun-08 9169.80 2708.38 8414.85 2147.11 2060.32
3-Jun-08 9098.77 2708.24 8367.08 2146.97 2060.76
4-Jun-08 8866.69 2708.10 8228.75 2146.86 2061.18
5-Jun-08 8955.73 2708.33 8282.71 2146.40 2061.63
6-Jun-08 8881.26 2708.20 8232.84 2145.79 2062.07
9-Jun-08 8660.44 2708.56 8080.29 2145.29 2063.42
10-Jun-08 8570.34 2709.28 8026.03 2144.87 2063.88
.
.
CRISIL has developed five indices for open-ended mutual funds. The
indices
serve as benchmarks for the mutual fund industry as well as for
comparing
performance of mutual funds vis-a-vis other investment avenues. These
Indices
also help in understanding the development of the mutual fund industry
in terms
of depth and performance. The Indices are:
.
General Equity Funds Index comprising 33 scrips
General Debt Funds Index comprising 28 scrips
Balanced Funds Index comprising 20 scrips
Gilt Funds Index comprising 16 scrips and
Liquid Funds Index comprising 19 scrips
.
The CRISIL indices include all open-ended funds that do not have a
lock-in
period for investors.
The indices are based on each fund's outstanding units at the end
of each
month and its daily NAV. Entry and exit loads are not taken into
consideration.
The index computation is done daily and the index constituents are
rebalanced every month. The monthly rebalancing also allows for the
changes in
the weightage of the funds in the index and also the entry or exit of
funds
from the universe of fund schemes. Close-ended funds converting into
open-ended
funds are also included in the monthly rebalancing of the index
portfolio.
The index calculations have been done using the chain-link method,
where
past values are used on a daily rolling basis to determine present
values. The
NAVs used are adjusted to account for corporate events such as
dividend
declarations, rights or bonus issues.
Wednesday, Jun 11
Following are the CRISIL indices for mutual funds for the seven
trading days to Jun 10:
.
Date Equity Debt Balanced Gilt Liquid
2-Jun-08 9169.80 2708.38 8414.85 2147.11 2060.32
3-Jun-08 9098.77 2708.24 8367.08 2146.97 2060.76
4-Jun-08 8866.69 2708.10 8228.75 2146.86 2061.18
5-Jun-08 8955.73 2708.33 8282.71 2146.40 2061.63
6-Jun-08 8881.26 2708.20 8232.84 2145.79 2062.07
9-Jun-08 8660.44 2708.56 8080.29 2145.29 2063.42
10-Jun-08 8570.34 2709.28 8026.03 2144.87 2063.88
.
.
CRISIL has developed five indices for open-ended mutual funds. The
indices
serve as benchmarks for the mutual fund industry as well as for
comparing
performance of mutual funds vis-a-vis other investment avenues. These
Indices
also help in understanding the development of the mutual fund industry
in terms
of depth and performance. The Indices are:
.
General Equity Funds Index comprising 33 scrips
General Debt Funds Index comprising 28 scrips
Balanced Funds Index comprising 20 scrips
Gilt Funds Index comprising 16 scrips and
Liquid Funds Index comprising 19 scrips
.
The CRISIL indices include all open-ended funds that do not have a
lock-in
period for investors.
The indices are based on each fund's outstanding units at the end
of each
month and its daily NAV. Entry and exit loads are not taken into
consideration.
The index computation is done daily and the index constituents are
rebalanced every month. The monthly rebalancing also allows for the
changes in
the weightage of the funds in the index and also the entry or exit of
funds
from the universe of fund schemes. Close-ended funds converting into
open-ended
funds are also included in the monthly rebalancing of the index
portfolio.
The index calculations have been done using the chain-link method,
where
past values are used on a daily rolling basis to determine present
values. The
NAVs used are adjusted to account for corporate events such as
dividend
declarations, rights or bonus issues.
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