PhonePe Launch Crisis to simplify Money Mutual Fund selection – CNBC TV18

PhonePe Launch Crisis to simplify Money Mutual Fund selection – CNBC TV18


PhonePe Wealth has launched CRISP, which is a tool designed to help investors informed mutual fund investment decisions. The aim of the device is only to solve the challenges in fund selection beyond the previous returns.

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Name of the scheme 1-year back Invest now Fund category expense ratio
Axis Nifty 50 Index Fund +32.80% Invest now Equity: Big Cap 0.12%
Axis Nifty 100 Index Fund +38.59% Invest now Equity: Big Cap 0.21%
Axis Nifty Next 50 Index Fund +71.83% Invest now Equity: Big Cap 0.25%
Axis Nifty 500 Index Fund , Invest now Equity: Flexi Cap 0.10%
Axis Nifty Midcap 50 Index Fund +46.03% Invest now Equity: Mid Cap 0.28%

How does crisp work?

The crisp stands for the stability, risk and investment style of the portfolio. It evaluates mutual funds based on three major parameters:

  • Performance stability: assesses rolling returns in five years and funds funds as “high,” medium, “or” low “.
  • Risk comparison: Classes the risk of funds as “within the acceptable range” or “much more” than peers.
  • Investment style analysis: Exposure for factors such as price, quality and speed checks, provides insight into the fund management style.

Investor profit
Equipment simplifies fund selection by converting risk and portfolio data into actionable insights.

This helps investors to avoid over-dependence on previous point-to-point returns and identify funds that align with their risk and diversification goals.

Currently available on the PhonePe platform, CRISP will soon be integrated into the stock. Market, Stock Broking Platform of PhonePe Wealth, said in a statement.

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According to AMFI data, India’s unique mutual fund investor base has increased from 20 million in 2019 to 53 million in 2024.

Also read More than half of the Equity MFS defeated the benchmark in February: here is a category-wise display breakdown

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