Monitor fund performance regularly from "summary" of Let's Talk Mutual Funds by Monika Halan
To ensure that your mutual fund investments are on track, it is important to keep a close eye on how they are performing. Monitoring the performance of your funds regularly is crucial, as it allows you to assess whether they are meeting your financial goals and expectations. By staying informed about how your funds are doing, you can make informed decisions about whether to continue holding onto them or consider switching to other options that may offer better returns. When monitoring your fund performance, one key metric to look at is the fund's returns over different time periods. This will give you an idea of how well the fund has been performing in both the short and long term. It is important to compare these returns to the fund's benchmark index to see if it is outperforming or underperforming relative to its ...
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