CRISIL 'AAAf' for DSP Merrill Lynch Cash Plus Fund
CRISIL has assigned 'AAAf' rating to DSP Merrill Lynch Mutual Fund's DSP Merrill Lynch Cash Plus Fund, which indicates that the fund’s portfolio will provide 'very strong' protection against losses due to credit defaults.
By INDIATIMES NEWS NETWORK |
MUMBAI: CRISIL has assigned 'AAAf' rating to DSP Merrill Lynch Mutual Fund's DSP Merrill Lynch Cash Plus Fund, which indicates that the fund���s portfolio will provide 'very strong' protection against losses due to credit defaults.
CRISIL's assessment of a bond fund's credit quality is based on the creditworthiness of the fund's portfolio, for which it has developed a credit quality matrix to assess the aggregate credit quality of a fund's underlying portfolio.
The fund is managed by DSP Merrill Lynch Fund Managers
CRISIL's assessment of a bond fund's credit quality is based on the creditworthiness of the fund's portfolio, for which it has developed a credit quality matrix to assess the aggregate credit quality of a fund's underlying portfolio.
The fund is managed by DSP Merrill Lynch Fund Managers
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