What is the appropriate disclosure of Investments in Mutual Funds?
Question is regarding names of various schemes in which the company have investments.
1. Is it necessary to disclose the name of the scheme in which the company have investments?
2. Sch VI mentions only disclosure of names of body corporates.
3. Mutual fund scheme as such is not a body corporate?
3. AS 13 does not specify the disclosure of names of investments.
So is it necessary to disclose the name of mutual fund scheme or simply the fund house. Can I club all investments under a fund house?
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