https://www.taxtmi.com/circulars?id=68063 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. en-us Fri, 17 Jan 2025 00:00:00 +0530 Sat, 18 Jan 2025 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68063 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. Circulars SEBI Fri, 17 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68063