
Account assertion
This assertion is shipped by the fund each time a purchase order/redemption/swap is carried out. It gives particulars of the folio, nature of the transactions, opening and shutting stability of models, relevant NAV, load relevant (if any) and present worth of funding. The account assertion could be preserved as a document.
Capital achieve assertion
A capital achieve assertion could be requested from the fund home. Usually when an investor carries out a redemption transaction, both quick time period or long run capital features tax is relevant, relying upon the period of holding the funding. This assertion gives particulars of date of buy, redemption, value, NAV on the time of redemption and the capital achieve relevant.
Truth sheet
The actual fact sheet is revealed by the mutual fund every month and gives related details about the schemes such because the portfolio, AUM, efficiency information, numerous threat and efficiency measurement ratios. This information is useful to check the efficiency of the scheme with related schemes of different mutual funds.
Investor communication
Adjustments carried out by the fund are communicated to buyers. These could embrace change of fund supervisor, expense ratio, load, threat ranking and so forth. These adjustments could have an effect on the efficiency of the scheme.
Level to notice
An announcement often called consolidated account assertion (CAS) is shipped to buyers on the finish of every month, with particulars of holdings underneath all fund homes and schemes and data of transactions.
Content material on this web page is courtesy Centre for Funding Training and Studying (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.