Rating
Fund analyst Niranjan Risbood maintains the rating at Neutral.
The Analyst Rating is the summary expression of Morningstar's forward-looking analysis of a fund. It is based on the analyst's conviction in the fund's ability to outperform its peer group and/or relevant benchmark on a risk-adjusted basis over the long term. If a fund receives a positive rating of Gold, Silver, or Bronze, it means Morningstar analysts think highly of the fund and expect it to outperform over a full market cycle of at least five years.
A Neutral rating indicates that the fund isn't likely to deliver standout returns but also isn't likely to significantly underperform, according to the analysts.
To read the analyst's view on the fund, click here.
