Sunday, Apr 14 2024 | Time 05:16 Hrs(IST)
Business Economy

SAMCO securities answers 'kaunsa mutual fund sahi hai' with web portal RankMF

Mumbai, Nov 28 (UNI) SAMCO Securities on Wednesday here announced the introduction of RankMF,a digital platform which will guide the investors and aid him to know 'kaunsa mutual fund sahi hai'.
The website will index the mutual funds schemes based on its proprietary ratings and rankings system. In this way, the potential investor can select the mutual funds schemes which will accrue the optimum benefit to the individual.

At a conference, Samco Securities CEO Jimeet Modi said,"There are thousands of mutual fund schemes floating in the market. 'Par Kaunsa Mutual Fund Sahi hai' is the ultimate question which leaves the investor confused. The solution is RankMF’s innovative offering which will empower millions of Indian investors, who are seeking an apt mutual fund scheme."
RankMF rates and ranks mutual funds schemes by crawling through 20 million data points such as expense ratios, standard deviation, market valuations and multiples, portfolio holdings and diversification/concentration of portfolio, and other likewise indicators.

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