Many of you will surely agree on the fact that investing in mutual funds is not an easy thing to do. It requires the expert skills and a deep understanding of the subject so as to know when and where to invest. And, in order to have a smooth and a hassle-free journey, many investors generally take help from financial experts.
That’s right! These professionals with having the sound knowledge of MFs ensure that their clients invest in the best fund/s. They deeply study the market conditions and then suggest their clients when and where to park the money so as to reap the maximum benefits.
Moreover, it is important for an investor to know a fund thoroughly before investing in the same. Suppose, if an investor wants to invest in ICICI Prudential Fund, it would be advisable to collect the required facts and info such as ICICI Prudential Mutual Fund Factsheet.
However, there are other vital factors as well such as NAV, Fund Manager, Exit Load, Minimum Investment and so on that contribute a lot to MF journey. But how about if get all this and in fact much more at one place? Sounds exciting, isn’t it? Well, with the help of a fact sheet, it is possible for an investor to know all these facts so easily.
Various Asset Management Companies (AMCs) issue their monthly fact sheets, wherein all the facts and figures are mentioned, mainly the performance of all the funds, credit/ deposit growth and what not. Talking more about this sheet, it has the detailed description of all the schemes with charts and figures, showcasing the monthly performance of all.
The moment you open this sheet, you are sorted as you don’t need to search online for even a single thing. It has each and every required info, which is important for you to know before investing in a scheme. These sheets are easily available online for you to see. You can visit the bank’s website and download the PDF file for better understanding.
Suppose, if you want to see the Fund factsheet for October, click on the same and a PDF file will be downloaded for an overview. Open the sheet, go through its Equity Market Outlook section so as to know the Technicals, Global Economy and Growth. Now if we talk about Equity Market Outlook, this section further allows you to know-Inflation, Currency, Market Sentiment, Market Performance, Recommended Equity Schemes, Equity Valuation Index, Bond Markets, Physical Assets, Index, etc.
Now, that’s the basic details or info that you can easily read in the sheet and get to know a scheme you want to invest. Well, knowing these facts actually help you in grabbing the best deal as it is surely one of the best ways to know a scheme better. The more you scroll the file, you will get to see more pages, giving you a detailed description of each and every scheme. Let’s just imagine, if an investor wants to invest in ICICI Prudential Focused Bluechip Equity Fund, all you need to do is just open the factsheet and scroll below to reach a page of this open-ended equity fund. Now, if you see that page, it has all the required and detailed facts about the scheme. An investor can compare the NAV, Returns (1 Year, 3 Year, 5 Year and Since Inception).
Apart from this, there are Fund Details such as Fund Managers, Investment Horizon, Minimum Investment, AUM, Entry Load, Exit Load, Minimum Redemption Amount, Total Expense Ratio, Investment Objective, etc. Not only this, if you want to know the entire portfolio, i.e. sectoral and company holdings, you can know that as well by simply looking at the sheet and check every detail so easily.
Furthermore, you can also know Combined Annual Portfolio Turnover Ratio, Average Dividend Yield, Application Amount for Fresh Subscription, Rating or Ranking of your Fund and so on. No matter which is that crucial factor or piece of information you want to check or know about your fund, all this and much more can easily be known with the help of this amazing ICICI Prudential Mutual Fund Factsheet.
So, hope you keep the above points in mind before investing in any fund/scheme.
Disclaimer- Mutual Funds are subject to market risks. Please read the scheme related documents carefully before investing.
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