Samco Securities has introduced RankMF, a rating and ranking platform, to help investors to select mutual fund schemes.
RankMF will rate mutual funds using over 20 million data points such as expense ratios, standard deviation, beta, market valuations and multiples, portfolio holdings and diversification/concentration of portfolio, the cash ratio, size, the predicted yields and others, the fintech start-up in the discount broking industry said in a release on Thursday.