How an investor can track the status of mutual funds scheme ?

A scheme's performance is measured by its net asset value (NAV). This is published on a daily basis for open-ended schemes, and weekly for close-ended schemes. Newspapers must publish the mutual fund NAVs. You can also access the NAVs on mutual fund websites. Mutual funds must also post their NAVs to the website of Association of Mutual Funds in India www.amfiindia.com. Investors can then access NAVs of all mutual fund mutual funds in one location.

Mutual funds must also publish half-yearly results that include returns/yields for a given period. Last six months, last three years, last five years, and since inception of the schemes. Investors may also be interested in other details, such as the percentage of expenses on total assets. These have an impact on the yield.

At the end of each year, mutual funds must send a report to unitholders or an abridged report.

Financial newspapers publish a variety of studies about mutual fund schemes, including the yields of various schemes, on a weekly basis. These reports are not the only ones published by financial newspapers. Many research agencies also publish research on mutual fund performance, including the ranking of different schemes in terms of performance. These reports should be reviewed by investors to keep them informed about the performance and characteristics of mutual funds.

Investors can also compare the performance of their schemes to those of similar mutual funds. Investors can also compare performance of equity-oriented schemes against benchmarks such as S&P CNX, BSE Sensitive Index and Nifty.

Investors should consider the performance of mutual funds when deciding whether to exit or enter a mutual fund.