Indicative Portfolios and Yields in Mutual Fund schemes

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Full Text of the Document

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....ory 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 the Mutual Funds shall not offer any indicative portfolio ....