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Indicative Portfolios and Yields in Mutual Fund schemes

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Full Text of the Document

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....ortfolios and Yields in Mutual Fund schemes 1. Advisory Committee of Mutual Funds discussed the practice of Mutual Funds offering indicative portfolios and indicative yields in their debt /fixed income products. There was a consensus that this practice should be prohibited as the indicative portfolio and indicative yield may be misleading to the investors. 2. It is, therefore, decided that t....