SEBI has relaxed disclosure requirements for mutual funds to avoid creating information overload on the investor

SEBI through circular dated April 29, 2021 has relaxed compliances for mutual funds. SEBI has directed that following disclosures shall be made to the investor only for the schemes in which the unitholders are invested as on the date on which the disclosures are stipulated:

1. Mutual Fund/AMCs shall also disclose risk-o-meter of the scheme and benchmark while disclosing the performance of scheme vis-à-vis benchmark and
2. Mutual Funds/ AMCs shall send the details of the scheme portfolio while communicating the fortnightly, monthly and half-yearly statement of scheme portfolio via email.

This circular shall be applicable with effect from June 1, 2021.