Why have you not rated the Birla Sun Life MNC fund?
-Manoj Asher
Our rating system requires a homogenous set of funds in a particular category and there are only two MNC funds. They cannot be put into any generic category because the portfolios are constrained by ownership. So that is why MNC funds are not rated. But if we put these two funds in the large- and mid-cap category or the multi-cap category where they're likely to fit in, and if they're rated using the same yardsticks, this fund would get slotted as a 4-star fund.
This article was originally published on June 15, 2012.