What is the meaning of the term YTD mentioned in the performance section of ELSS funds?
- Mukti Kumar Gupta
YTD stands for year-to-date. An year-to-date (YTD) return tells you how much the fund has offered since the beginning of the year till the date in question. Suppose, as on March 5, 2016, the YTD return of a fund is 5 per cent. It means that the fund has offered a return of 5 per cent between December 31,2015 and March 5,2016. The YTD return helps investors to ascertain the progress of the fund during the current year.