Disclosure of the points w.r.t schemes which are subscribed by the investor

Last updated: 01 May 2021

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The Securities and Exchange Board of India (SEBI) has issued a new circular, effective from June 1, 2021, requiring mutual funds and Asset Management Companies (AMCs) to provide enhanced disclosures to investors. These disclosures will be specific to schemes in which an investor currently holds units. This includes the risk-o-meter of the scheme and its benchmark, alongside performance comparisons. Investors will also receive scheme portfolio details via email with their regular statements.

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/IMD-II DOF3/P/CIR/2021/555 April 29, 2021 All Mutual Funds/ Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds/ Association of Mutual Funds in India (AM FI) Sir/ Madam, Subject: Disclosure of the following only w.r.t schemes which are subscribed by the investor: a. risk-o-meter of the scheme and the benchmark along with the performance disclosure of the scheme vis--vis benchma

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FAQ :

The circular aims to enhance the quality of disclosures regarding risk, performance, and portfolio of mutual fund schemes to investors without causing information overload.

These new disclosure requirements are applicable from June 1, 2021.

Investors will receive the risk-o-meter of the scheme and its benchmark, performance disclosure of the scheme versus its benchmark, and details of the scheme portfolio.

No, these disclosures will only be made for schemes in which the unitholder is invested as of the date of disclosure.

Mutual Funds/AMCs will send the details of the scheme portfolio via email when communicating the fortnightly, monthly, and half-yearly statements of the scheme portfolio.