Particular characters are to be highlighted in red color on the label so I wrote below function which works well, but I want to confirm, is there any other efficient way of doing this ? e.g.
-(NSMutableAttributedString*)getAttributeText:(NSString*)string forSubstring:(NSString*)searchstring {
    NSMutableAttributedString *text = [[NSMutableAttributedString alloc] initWithString:_lblName.text];
    NSRange searchRange = NSMakeRange(0,string.length);
    for (NSInteger charIdx=0; charIdx<searchstring.length; charIdx++){
        NSString *substring = [searchstring substringWithRange:NSMakeRange(charIdx, 1)];
        NSRange foundRange;
        searchRange.location = 0;
        while (searchRange.location < string.length) {
            searchRange.length = string.length-searchRange.location;
            foundRange = [string rangeOfString:substring options:1 range:searchRange];
            [text addAttribute: NSForegroundColorAttributeName value: [UIColor redColor] range:foundRange];
            if (foundRange.location != NSNotFound) {
                searchRange.location = foundRange.location+foundRange.length;
            } else {
                // no more substring to find
                break;
            }
        }
    }
    return text;
}
Below is the code how I use it, and result as well
NSString *string = @"James Bond Always Rocks";
_lblName.text = string;
_lblAttributedName.attributedText = [self getAttributeText:string forSubstring:@"ao"];

Update
NSString *string = @"James Bond Always Rocks";    
NSRange range = [string rangeOfCharacterFromSet:[NSCharacterSet characterSetWithCharactersInString:@"J"] options:NSCaseInsensitiveSearch];
NSLog(@"range->%@",NSStringFromRange(range)); //This prints range->{0, 1}
NSString *string = @"James Bond Always Rocks";    
NSRange range = [string rangeOfCharacterFromSet:[NSCharacterSet characterSetWithCharactersInString:@"j"] options:NSCaseInsensitiveSearch];
NSLog(@"range->%@",NSStringFromRange(range)); //This prints range->{2147483647, 0}
 
     
     
    