AMFI, has directed all its members to make certain disclosures in its monthly factsheets as a best practice and the same needs to be adopted uniformly
Jul 31 2020
News Category: Industry Update
No of Views: 177 Rate Now!

In a bid to improve the standard of disclosures as an investor friendly measure, AMFI, vide its Best Practices Guidelines Circular No. 88 / 2020 -21, has directed all its members to make certain disclosures in its monthly factsheets as a best practice and the same needs to be adopted uniformly. Among the list of disclosures, AMCs need to disclose Macaulay Duration, Modified Duration, Average Maturity and Yield to Maturity separately in their factsheets. The members are required to adopt the above Best Practice guidelines effective from Aug 1, 2020.

Related News
Title Report Date
SEBI mandates AMCs to put in place policy for trade execution, allo... 17/09/2020
SEBI modifies NAV rules for mutual fund schemes 17/09/2020
SEBI direct AMCs to use an automated Order Management System 17/09/2020
SEBI clarifies its mandate multi cap fund rules 14/09/2020
SEBI tweaks multi cap fund rules 11/09/2020
AMFI: Legal heir to obtain ARN within six months of the death of a ... 10/09/2020
AMFI: The flight to safety trend was witnessed in Aug 2020 09/09/2020
AMFI: Mutual fund industry AUM size increased marginally by 1.38% M... 09/09/2020
AMFI: AUM size increased 6.40% MoM from Rs. 25.49 lakh crore to Rs.... 10/08/2020
AMFI has approached SEBI seeking proper action on advertisement pos... 06/08/2020
AMFI has introduced uniform policy for conversion of minor to major... 27/07/2020
AMFI has allowed distributors working under sub broking model with ... 24/07/2020
SEBI Chairman opined that retail investors should be allowed to inv... 22/07/2020
CII has suggested mutual fund distributors to communicate right ris... 21/07/2020
AMFI has revised the AUM transfer norms for mutual fund distributors 17/07/2020
More...