<ul><li>PhonePe Wealth Broking, a subsidiary of fintech firm PhonePe, has launched a mutual fund evaluation tool called CRISP.</li><li>CRISP analyzes funds based on consistency of returns, risk levels, and exposure to investment factors such as value, quality, and momentum.</li><li>The tool aims to provide standardized benchmarks and help investors in diversifying their portfolios.</li><li>The number of unique mutual fund investors in India has surged to 53 million, leading to a need for tools like CRISP to make better investment decisions.</li></ul>

PhonePe Wealth introduces data-driven mutual fund analysis tool CRISP

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