What is a mutual fund fact sheet and how does it help you achieve your financial goals?:

News Topical, Digital Desk : Everyone wants to grow their capital, so different investment options are adopted based on risk appetite. In the last 10 years, people have been moving away from traditional investment methods and becoming more attracted to stocks and mutual funds. However, due to lack of experience and knowledge about the stock market, people consider investing in mutual funds a better option because there is no need to monitor or manage each individual stock. The fund manager does this work for you.

What is a mutual fund fact sheet?

However, it's not guaranteed that you'll profit from investing in any mutual fund. Therefore, before purchasing any fund, be sure to read the fund's fact sheet. This is a document released monthly by the fund house. It contains information about the fund's investment objective, performance, risks, portfolio, and fees. It serves as a valuable tool for mutual fund investors, allowing them to better compare funds and track their performance.

Speaking about mutual fund fact sheets, Hemant Gupta, founder of Happy Niveshak, says, “Fact sheets contain all the information about the fund. Just as we carefully read the label before buying a food item, checking its nutritional content and expiry date, similarly, before investing in a mutual fund, you must know how to read the fact sheet. This provides detailed information about the fund.”