Finology Quest
Finology Quest

@Finology_Quest

7 Tweets 5 reads Oct 31, 2022
Top 5⃣ factors to keep in mind while evaluating a Mutual Fund. πŸ’Έ
β€’ Exit Load
β€’ Expense Ratio
β€’ Portfolio Turnover ratio
β€’ Asset Under Management
β€’ The reputation of fund house & fund manager
Let's discuss them in detail. ‡
1️⃣ Exit Load
The exit load is the fee that the AMC charges the investors while redeeming the funds.
2️⃣ Expense Ratio
It is the total % of funds used as operating expenses such as administrative, advertising and others.
It can be calculated as:
Expense ratio = Total expenses incurred / Total AUM
3️⃣ Portfolio Turnover ratio
It is the rate at which the assets in the fund are bought and sold by the fund managers.
It is calculated as:
PTR = Minimum of securities bought and sold/Average Net assets * 100
4️⃣ Asset Under Management
AUM or asset under management is the total value of assets or funds such as cash, bonds, equities, real estate and more managed by the fund house.
5️⃣ The reputation of fund house & fund manager
The performance of the funds is highly dependent on the fund house and fund manager. When choosing the fund house, a well-known track record is vital, the one which has handled various market cycles.
▢️Find out more about these factors & how to evaluate Mutual funds through our fund video course Selecting the right Mutual Fund on Quest - bit.ly
Also, hit retweet for more reach!

Loading suggestions...