I have been looking at stats of some mutual funds on morningstar.in. YTD is one of them. I know what YTD means and how it is calculated, but there is one silly doubt that I could not figure out from the Internet.
To calculate a YTD return, is the start of the calendar year (Jan 1st) used as the starting point, or the start of the financial year (April 1st)?
To calculate a YTD return, is the start of the calendar year (Jan 1st) used as the starting point, or the start of the financial year (April 1st)?