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How to track the performance of any mutual funds bfore investing...????? |
hi alll, yaar again everyone is saying same thing....track the performance of fund in th past.... What you are being referred to is called a prospectus. They can be obtained by calling the company that manages the fund you are interested in and requesting one. A prospectus is a legal document that institutions and businesses use to describe the securities they are offering for participants and buyers. A prospectus commonly provides investors with material information about mutual funds, stocks, bonds and other investments, such as a description of the company's business, financial statements, biographies of officers and directors, detailed information about their compensation, any litigation that is taking place, a list of material properties and any other material information. www.morningstar.com Go to CNN-Money.com or even Yahoo finance section. You should find a section to see performance of stocks, etc. for the past 5-10 years. Visit your library and look for Money magazine and also read Wallstreet weekend edition.... now a days there are government organisation for this work u can consult them don't worry yaar There are many ways to track the performance : below are the most easy and practical tools : you can track it in valueresearchonline.com.you can track it in monthly yearly sectorwise & you can compare with other funds.enjoy Go to the site www.moneycontrol.com where all informations on more than 240 mutual funds in India are available free 7 X24. As a word of caution, past performance is only indicative and is not a guarantee to achieve similar results in future too. Now a days, most of the companies prepare their prospects, comparing their own performance with that of the other competitors in the markets. Collect 4/5 such papers, compare and cross compare. If possible, invest the desired amt. in 2-3 parts and invest wisely. This will spread your risk and liquidity will also be maintained. Sale it confidently, in the Bull run. Do not make haste to sell when the market is down. You will find most of the information here: Note that repeated academic studies in many countries, have consistently shown that past performance is not a guide to future performance. in application form Call the 800 number from the Company that is holding that fund and ask for the Fund's most recent "PROSPECTUS" that is a financial document which has certain criteria which must be shown . Such as performance at 1 year, 5 years, 10 years -these numbers must be shown. they also so the expenses or other fees for those funds. All your questions should be answered there and you can make a better judgment. Never buy a fund without examining its Prospectus. |
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