The performance of a scheme is reflected in its net asset value (NAV) which is disclosed
on daily basis in case of open-ended schemes and on weekly basis in case of close-ended
schemes. The NAVs of mutual funds are required to be published in newspapers. The
NAVs are also available on the web sites of mutual funds. All mutual funds are also
required to put their NAVs on the web site of Association of Mutual Funds in India
(AMFI) www.amfiindia.com and thus the investors can access NAVs of all mutual funds
at one place
The mutual funds are also required to publish their performance in the form of half-yearly
results which also include their returns/yields over a period of time i.e. last
six months, 1 year, 3 years, 5 years and since inception of schemes. Investors can
also look into other details like percentage of expenses of total assets as these
have an affect on the yield and other useful information in the same half-yearly
The mutual funds are also required to send annual report or abridged annual report
to the unit holders at the end of the year.
Various studies on mutual fund schemes including yields of different schemes are
being published by the financial newspapers on a weekly basis. Apart from these,
many research agencies also publish research reports on performance of mutual funds
including the ranking of various schemes in terms of their performance. Investors
should study these reports and keep themselves informed about the performance of
various schemes of different mutual funds.
Investors can compare the performance of their schemes with those of other mutual
funds under the same category. They can also compare the performance of equity oriented
schemes with the benchmarks like BSE Sensitive Index, S&P CNX Nifty, etc.
On the basis of performance of the mutual funds, the investors should decide when
to enter or exit from a mutual fund scheme.