Where can I see changed names of mutual fund schemes? How can one analyse the changes?
—Rakshit Shah
Mutual fund companies have been making significant changes to their schemes following a Securities Exchange Board of India (Sebi) directive about rationalizing schemes and categories. Many schemes have been renamed, quite a few have seen category changes, and some schemes have been merged with others. So, it is important for an investor to take a look at their portfolio and get reacquainted with their investments. The best place to find the news about name, category and other changes is the website of the companies themselves. All of them have published addendums and notices in their website that detail the changes. If you are using an online portal to make your investment, it is also possible that your service provider has provided a consolidated list (such as this).
The impact on the investor could be little or a lot depending on the schemes invested in—there are some schemes that have just had their names changed to conform with Sebi’s directive. In other cases, fundamental attributes have changed.
