Morningstar Category Awards
These awards are given to the funds with the best risk-adjusted performance within their respective categories, subject to qualitative review.
In order to ensure Morningstar analysts can carry out effective qualitative checks for potential winners, only open-end funds that have reported at least four complete portfolios to Morningstar between September 1, 2014 and December 31, 2015 are eligible for an award.
Exclusions:
- Insurance funds
- Closed-end funds
- Currency-hedged share-classes of funds
- Funds or share classes in unrated Morningstar categories
- The smallest 10% of funds in each category are excluded from the awards (based on the latest June end portfolio size expressed in Indian Rupees). In lieu of this measure, analysts may also exclude funds with less than Rs 1,000 million in assets on June 30 or the nearest date for which assets are available.
Post the funds being filtered through the scoring mechanism, Morningstar’s qualitative research analysts will also complete a couple of checks. Upon the completion of all the screens, the nominees and winner will be arrived at.
NOMINATIONS (alphabetical order)
Short Term Bond
Birla Sun Life Medium Term - Regular Plan - Growth
Birla Sun Life Short Term - Regular Plan - Growth
DSP BlackRock Income Opportunities - Regular Plan - Growth
Intermediate Bond
Birla Sun Life Dynamic Bond - Regular Plan - Growth
Franklin India Income Builder Account - Plan A - Growth
UTI Dynamic Bond - Growth
Equity: Large Cap
BNP Paribas Equity - Growth
Franklin India Prima Plus - Growth
SBI Bluechip - Growth
Equity: Mid and Small Cap
Birla Sun Life MNC - Growth
Mirae Asset Emerging Bluechip - Growth
SBI Magnum Midcap - Regular Plan - Growth
