Effective from November 1, 2024, SEBI (Securities and Exchange Board of India) has rolled out three important changes in how Asset Management Companies (AMCs) disclose key information about mutual fund schemes. Aimed at making mutual fund investing more transparent and user-friendly, these changes address critical areas: scheme expenses, returns, and risk assessment. Here’s what you need to know:
Why This Matters to Investors
Together, these changes aim to create a more transparent and efficient investing environment. With clearer information on expenses, consistent returns reporting, and an intuitive risk assessment tool, investors now have better tools to make informed decisions. SEBI’s updates represent a step forward in protecting investors and promoting fair and accessible mutual fund investing.
Disclaimer: This blog has been written exclusively for educational purposes.
Source: CNBC TV18
Date: Oct 31, 2024
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