Product Labeling in Mutual Funds

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....refer to SEBI circular no. CIR/IMD/DF/5/2013 dated March 18, 2013, captioned 'Product Labeling in Mutual Funds'. 2. In consultation with Mutual Fund Advisory Committee, SEBI has reviewed the system of product labeling in mutual funds and in partial modification to the aforesaid circular, it has been decided that: a. The level of risk in mutual fund schemes shall be increased from thr....

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....to all the existing schemes and all schemes to be launched on or thereafter. However, mutual funds may choose to adopt the provisions of this circular before the effective date. 5. This circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with the provision of Regulation 77 of SEBI (Mutual Funds) Regulation, 199....