A mutual fund factsheet is a monthly disclosure document showing the fund's current portfolio, performance, risk metrics, expense ratio, and commentary — the most actionable document for ongoing fund monitoring.
Every AMC publishes monthly factsheets for each scheme, typically within the first week of the following month. The factsheet contains: portfolio holdings (top stocks/bonds with % allocation), sector allocation, market cap distribution, key metrics (AUM, NAV, expense ratio, portfolio YTM/duration for debt funds), performance (trailing returns vs benchmark), risk measures (standard deviation, beta, Sharpe ratio), and fund manager commentary. It's the most data-rich, regularly updated document for fund monitoring.
The factsheet is your fund's monthly report card. It shows exactly what the fund owns today, how it's performing, and what the fund manager is thinking. AMCs publish factsheets free on their website and AMFI. To really understand what's inside your fund, read the factsheet. Key things to check: top 10 holdings (concentration?), sector allocation (any overweight?), performance vs benchmark (consistent?), expense ratio (going up?), and for debt funds: YTM and credit quality.
Published monthly — typically 1st week of each month on AMC website and AMFI.
Structure varies by fund type: equity factsheets show portfolio + performance; debt factsheets also show YTM, duration, credit quality.
Track months of factsheets to identify portfolio drift or strategy shifts.