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    How do I check the performance of my mutual funds?


    If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

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    I have some SIP investment through ICICI Bank. I am investing Rs 5,000 monthly. The money is invested in four equity funds by ICICI. How do I check on what's happening with the investment?
    -- Pradeep Mohanan

    You have not mentioned the details of your investments. So, we are assuming that you are investing through your bank. Basically, a bank official helped you with your investments. It is not clear when you have started investing in mutual funds. If you have been investing for a while, you must be getting regular monthly updates from ICICI Prudential Mutual Fund.

    You can get a consolidated account statement on your mutual fund investments online. You can use this link to get the statement:

    When you know the details, you can check the performance of your schemes vs its benchmarks and category. If the scheme has performed better than its benchmark and category average, you are investing in good performing schemes. If they are lagging, do not panic. Equity mutual funds may underperform temporarily. You should be concerned only if they are underperforming for a year or more.

    You should be more responsible towards your hard-earned money. Identify your various financial goals and start investing to achieve them. Since you do not seem to have enough knowledge about investing in mutual funds, it is always better to seek the help of a mutual fund advisor. You may also consult a financial planner.
    (If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)
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