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<h1>Mutual fund offer documents must adopt a revised SID/KIM/SAI format with standardized disclosures and transition deadlines.</h1> SEBI revises and standardizes the format and disclosure framework for mutual fund offer documents (SID, KIM, SAI), mandates adoption by April 1, 2024 with transition timelines, amends specified Master Circular clauses to require web hosted portfolio disclosures, SAI disclosures on aggregate investments by AMC directors and key personnel, optional segregated portfolios only where SID enables them, and benchmark risk o meter disclosure on front pages and application forms; AMFI to align KIM and SAI formats within two months.