Information Ratio disclosure required for equity mutual funds to report risk adjusted performance and provide standardized explanations. Mutual funds must disclose the Information Ratio (IR) as a measure of Risk Adjusted Return for equity oriented schemes on AMC websites daily, with AMFI providing comparable, downloadable, machine readable aggregation. IR is defined as (Portfolio Rate of Returns less Benchmark Rate of Returns) divided by the standard deviation of excess return, using the scheme's Tier 1 benchmark and daily arithmetic returns and volatility. AMCs and AMFI must provide standardized explanatory hyperlinks and investor education materials, with disclosures implemented via a prescribed spreadsheet template.
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Provisions expressly mentioned in the judgment/order text.
Information Ratio disclosure required for equity mutual funds to report risk adjusted performance and provide standardized explanations.
Mutual funds must disclose the Information Ratio (IR) as a measure of Risk Adjusted Return for equity oriented schemes on AMC websites daily, with AMFI providing comparable, downloadable, machine readable aggregation. IR is defined as (Portfolio Rate of Returns less Benchmark Rate of Returns) divided by the standard deviation of excess return, using the scheme's Tier 1 benchmark and daily arithmetic returns and volatility. AMCs and AMFI must provide standardized explanatory hyperlinks and investor education materials, with disclosures implemented via a prescribed spreadsheet template.
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