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Why does VRO show different ratings for two similar funds?

Dhirendra Kumar explains the logic behind different ratings for seemingly similar funds

Quantum Long Term Fund and Quantum Tax Saving Fund both seems to have identical performance. However, on Value Research Online, the two funds have different ratings (5 star and 3 star respectively). May I know why is it so?
- Sudhir, Mumbai

This article was originally published on May 23, 2017.

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