Here are the five ways to keep a track of your mutual fund's performance

In order to arrive at the right decision, you need to choose the right metric to measure fund performance

Like every investor, you too wish to grow wealth by investing in mutual funds. For this, you need to keep a track of your portfolio’s performance. It becomes an easy task when you have a strategy in hand. All you need to know are a few parameters to evaluate fund performance. Additionally, decide a frequency at which you will analyse the portfolio performance.

1. Compare fund performance based on horizon

While analysing the performance of a fund, you may take investment horizon into consideration. The longer you stay invested, the higher is the inflationary pressure and the risk involved in