Knowing More about your Mutual Fund Product

Published On: 05-Jul-2017

Knowing more  about  your mutual fund product

When a mutual fund creates an investment product, it offers it for the first time to the investors as a new fund offer (NFO).  A new product is first approved by the trustees, and features are described in a detailed offer document that is filed with SEBI.  After SEBI approves that the document carries all the necessary disclosures in the interest of investors, the mutual fund makes its new fund offer to investors.  Key information about the products is also made available to investors who like to buy units of an open‐ended fund on an on‐going basis. SEBI’s regulation prescribes that information about the fund and the product be disclosed in two sections ‐   Scheme Information Document (SID) and Statement of Additional Information (SAI).  The regulations define specifically all the information that needs to be provided and the format in which this information has to be provided.

Simply Invest Karo Invest

​The SID contains information that is relevant to a specific mutual fund scheme.

Read More

For investors in the scheme after the NFO,  the SID contains information on the past performance of the scheme.

Read More

​Correct, relevant and timely information is essential for investors to make the right investment decisions.

Read More