SEBI Directs Mutual Funds to Disclose Expenses, Half-Yearly Returns for Direct and Regular Plans of MF Schemes Separately
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Circular No. SEBI/HO/IMD/PoD1/CIR/P/2024/150; Dated: 05.11.2024
SEBI has directed mutual funds (MFs) to disclose expenses, yearly returns, yield, and risk-o-meter of mutual fund schemes for direct and regular plans separately. This move aims to increase transparency, allowing investors to easily compare the cost and performance of the two types of plans. Further, to make the risk levels of MF schemes clearer, SEBI has introduced a colour-coded system for the existing risk-o-meter. The circular shall be effective from December 5, 2024.
Click Here To Read The Full Circular
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