Franklin Templeton receives CRISIL-CNBC-TV18 ''mutual fund of the year award'' for 2004
18 Feb 2005
Mumbai: Franklin Templeton Mutual Fund has been awarded the 'Mutual Fund of the Year Award' instituted by Crisil and CNBC-TV 18, at a function held in Mumbai yesterday. G N Bajpai, outgoing SEBI chairman presented the awards to the winners in the various awards categories.
Earlier known as the Crisil Mutual fund awards, these awards are based on consistent performance, as determined by the 'CRISIL composite performance rankings' (CRISIL~CPR) methodology for the year 2004.
CRISIL FundServices analysed performances of the eligible schemes on the following parameters: risk adjusted returns, portfolio constitution of funds parameters like concentration, liquidity and asset quality. Hence the analysis is forward looking as well. The schemes were then ranked category-wise by computing the weighted average levels of the parameter-wise performance.
The winners for 2004 are:| Open-ended Equity Diversified Funds | Alliance Basic Industries Fund DSP Merrill Lynch Opportunities Fund UTI Growth Value Fund |
| Open-ended Income Funds | Birla Income Plus Plan B Principal Income Fund |
| Open-ended Income Short Term Funds | Birla Bond Plus — Retail Principal Income Fund - Short Term Plan |
| Open-ended Balanced Funds | DSP Merrill Lynch Balanced Fund HDFC Prudence Fund |
| Open-ended Liquid Funds | Alliance Cash Manager Prudential ICICI Liquid Plan Templeton India Treasury Management Account |
| Open-ended Gilt-Long Term Funds | Templeton India G-Sec Fund - Composite Plan Templeton India G-Sec Fund - Long Term Plan |
| Open-ended Monthly Income Plans | FT India Monthly Income Plan |