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CRISIL reaffirms AAAf rtg of LI Liquid, Liquid Plus Fund

This article was posted on Jan 11, 2008 and is filed under Press Releases

CRISIL has reaffirmed the AAAf rating to Lotus India Liquid Fund and Lotus India Liquid Plus Fund, which indicates that the fund’s portfolio holdings provides ‘very strong’ protection against losses from credit defaults.Lotus India Liquid Fund and Lotus India Liquid Plus Fund are managed by Lotus India AMC. The rating is not an opinion on the AMC’s willingness or ability to make timely payments to investors. It is also not an opinion on the stability of the fund’s net asset value, since this could vary with developments in the market.

Sourced From: Perfect Relations Limited

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