Introducing Rolling Returns Alerts: Stay Ahead with Timely Insights
Monitor your portfolio’s performance over 1, 3, 5, 7, or 10-year periods, set alerts based on percentage changes, or compare against benchmarks for comprehensive insights.
Introduction to Rolling Returns Alerts
Rolling Returns Alerts are here to help you stay on top of your investments. It tracks how your chosen indices or mutual funds perform over time to provide a more consistent picture of their returns.
With Rolling Returns Alerts, you can set specific thresholds and compare your investments to benchmarks. This way, you’ll know when to take action, ensuring that your investments stay on track with your financial goals. Whether you’re aiming for steady growth or just want to keep a close eye on your selected indices or Mutual funds, these alerts provide valuable insights to help you make the right moves.
Let’s dive in and see how Rolling Returns Alerts can help you get the most out of your investments.
Getting Started with Rolling Returns Alerts
- Select Your Index or Mutual Fund
Begin by choosing the index or mutual fund you wish to monitor.
Our platform offers a wide range, including:
- Domestic Indices: Like the Nifty 50.
- Mutual Funds: Across various categories and fund houses, like, Axis Growth Opportunities Fund.
- International Indices: For global market exposure, HANG SENG or S&P 500.
- View Rolling Return Metrics
Optionally, you can get the historical rolling return metrics for periods of 1, 3, 5, 7, or 10 years. This helps in understanding how the selected fund or index has performed over different time frames.
- Configure Your Alert
Rolling Returns Alert can be setup with two modes:
- Mode 1: Based on Percentage Change
- Mode 2: Comparison with Another Index or Fund
- Mode 1: Based on Percentage Change
Set Percentage Thresholds: Decide the percentage increase or decrease that will trigger an alert.
Example: “Alert me when the 3-year rolling return for Parag Parikh Flexi Cap Fund drops by 5%.”
Stay Proactive: This mode helps you act promptly when significant changes occur in your investment’s performance.
- Mode 2: Comparison with Another Index or Fund
Select a Benchmark: Choose another index or mutual fund for comparison. Set Comparison Criteria: Opt to be alerted when your selected fund’s rolling return becomes higher or lower than the benchmark or other mutual fund or indices.
Example: “Notify me when the 5-year rolling return of Canara Robeco Bluechip Equity fund falls below that of the Nifty 50 index.”
Benchmarking Performance: This mode allows you to measure your investment’s performance relative to the other market indices, mutual funds or other international indices.
Use Cases for Rolling Returns Alerts
Rolling Returns Alerts can be valuable for different types of investors with unique needs and goals. Adding a few use cases that are relatable to all types of investors along with configurations they can use to set up their alerts:
Track Consistent Performance
Rolling Returns Alerts can help investors ensure consistent performance of their investments over time, regardless of their risk appetite or investment horizon. Investors can set up alerts for different rolling periods (e.g., 3, 5, or 10 years) to track how their funds are performing across various market conditions. This helps them identify if their investments are delivering steady returns or if there are signs of inconsistency that require attention.
Compare Against Benchmarks or Mutual Funds from the same category
Investors, both conservative or aggressive, can use Rolling Returns Alerts to compare their investments with relevant benchmarks. By setting alerts to notify them when their selected fund underperforms or outperforms a benchmark like the Nifty 50 over a rolling period, they can assess the relative performance of their portfolio. This comparison helps ensure that their investments are meeting or exceeding market expectations which makes it easier to evaluate fund managers and adjust strategies accordingly.