Factsheet on WebNotes

How to read a mutual fund factsheet

Tue, 19 May 2026 00:00:00 +0000

MF factsheet is the most-current monthly disclosure of a scheme. Performance, portfolio, expense, manager: all in one document.

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with any AMC or platform. No affiliate commission is earned.

Step-by-step procedure

See the procedure infobox above for the eight steps.

External references

References

SEBI (Mutual Funds) Regulations, 1996.
SEBI Master Circular for Mutual Funds.
AMFI Best Practice Guidelines on factsheet disclosure.

How to read a mutual fund factsheet (first-time investor)

Tue, 19 May 2026 00:00:00 +0000

The mutual fund factsheet is the AMC’s monthly snapshot of a scheme’s status. SEBI mandates the format and content; every AMC issues factsheets at month-end. For a first-time investor, the factsheet is the primary source for scheme evaluation.

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with any AMC. No affiliate commission is earned.

Step-by-step procedure

See the procedure infobox above.

Revamped factsheet template (2024)

Tue, 19 May 2026 00:00:00 +0000

The revamped factsheet template introduced by AMFI in 2024 expanded the monthly per-scheme disclosure to include additional risk metrics, expanded portfolio breakdowns, and standardised Total Expense Ratio (TER) reporting. The revamp built on the long-standing AMFI standardised factsheet framework to address gaps highlighted by investor advocacy groups, SEBI reviews, and market-conduct findings.

For Indian retail investors, the 2024 revamped factsheet is particularly useful because it surfaces:

More detailed risk metrics (downside-only volatility, max drawdown).
Top-10 holdings PLUS sector concentration HHI.
Concentration risk indicators.
Standardised TER bands and historic TER trend.

2024 changes versus prior template

Additional risk metrics

The prior template showed: Sharpe ratio , standard deviation , beta , r-squared .

AMFI standardised factsheet

Mon, 18 May 2026 00:00:00 +0000

The AMFI standardised factsheet is the monthly per-scheme disclosure document mandated by SEBI and standardised by AMFI for cross-scheme comparison. All Indian mutual fund schemes publish factsheets in this standardised format, allowing investors to compare performance, portfolio composition, risk metrics, and operational details consistently across AMCs and scheme categories.

For Indian retail investors, the monthly factsheet is the single most-useful per-scheme disclosure document, providing more depth than the marketing brochure and more timely data than the annual report.

How to read a PPFAS monthly factsheet

Sun, 17 May 2026 00:00:00 +0000

Most Indian AMC factsheets are dry compliance documents: portfolio composition tables, sector pies, the SEBI Riskometer, a paragraph of generic commentary. PPFAS’s factsheet is different. The first two-to-four pages every month are an essay by Rajeev Thakkar (the CIO), often co-authored with Raunak Onkar, on whatever portfolio decisions or philosophical themes the month called for. Long enough to be a serious read (1,500 to 3,000 words), conversational rather than corporate, and dense with references to Buffett, Munger, Klarman, behavioural-finance literature, and the team’s own evolving thinking. This is the document personal-finance creators quote when they want to explain what PPFAS thinks.

PPFAS Monthly Factsheet

Sat, 16 May 2026 00:00:00 +0000

The PPFAS monthly factsheet is the long-form investor-communication publication issued each month by PPFAS Asset Management Private Limited, the asset management company of PPFAS Mutual Fund . The factsheet accompanies the regulatory portfolio disclosure for each of the AMC’s seven active schemes and is published on the AMC’s downloads hub at amc.ppfas.com/downloads/factsheet/ . Within the Indian mutual fund industry , the PPFAS factsheet is widely regarded as structurally distinctive on account of its multi-page commentary tradition, anchored in narrative essays by Chief Investment Officer (Equity) Rajeev Thakkar and the periodic letter from Chairman and CEO Neil Parikh .

AMFI revamped factsheet (2024)

Tue, 12 May 2026 00:00:00 +0000

The AMFI revamped factsheet refers to the updated standardised factsheet template issued by the Association of Mutual Funds in India (AMFI) in 2024, which superseded the previous template and introduced a range of changes to how SEBI -registered asset management companies (AMCs) must present scheme information in their monthly factsheets. The 2024 revision was the most comprehensive overhaul of the factsheet format since the original standardisation effort and was driven by investor feedback, SEBI’s review of disclosure practices, and the need to align the factsheet with the 2021 Risk-O-Meter methodology.

AMFI standardised factsheet template

Tue, 12 May 2026 00:00:00 +0000

The AMFI standardised factsheet template is a prescribed format that all SEBI -registered asset management companies (AMCs) in India must follow when publishing their monthly mutual fund factsheets. Introduced by the Association of Mutual Funds in India (AMFI) through a series of circulars, the template ensures that investors and financial advisers can compare schemes across AMCs on a consistent set of data points, rather than navigating AMC-specific formats that vary in content, layout, and level of detail.

Factsheet on WebNotes

How to read a mutual fund factsheet

Step-by-step procedure

See also

External references

References

How to read a mutual fund factsheet (first-time investor)

Step-by-step procedure

Revamped factsheet template (2024)

2024 changes versus prior template

Additional risk metrics

AMFI standardised factsheet

How to read a PPFAS monthly factsheet

PPFAS Monthly Factsheet

AMFI revamped factsheet (2024)

AMFI standardised factsheet template